on November 7, 2016
Dairy
EU dairy industry milk crisis impacting feed production
Compound feed producers feel pain of dairy surpluses since the end of EU milk quota system
The abolition of the European Union’s milk quota system started a period of insecurity for dairy farmers. First introduced in 1984 at a time when EU production far outstripped demand, the quota regime was one of the tools introduced for overcoming surpluses. Successive reforms of the EU's Common Agriculture Policy…