Tuesday, August 11, 2015

Dairy Regulation Reform in the EU

EU Commission report on repealing dairy quotas:

ATSRTWT
Aren't we running the risk of over-producing again?
No, there is not a risk of the same sort of structural surpluses as in the past. The guaranteed price for butter and skimmed milk powder now merely serves as a safety net – such as during the 2009 dairy crisis, where it put a floor in the market. This means that producers are looking at the market when they decide how much to produce. Increased focus on added-value products (such as cheese and yoghurts) as well as on ingredients for nutritional, sports and dietary products have a strong potential in terms of growth and jobs for the EU.
I guess what I'm saying is: don't get your hopes up too much.

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Do you have suggestions on where we could find more examples of this phenomenon?