European dairy farmers have mixed feelings regarding the end of quotas which came into force on 1 April 2015. It will allow them to serve the growing demand in emerging markets, but could also lead to a price crash. Farmers in Northern Europe are excited about the prospects to benefit from the growing global demand for milk, particularly in China. Ireland plans to increase its milk output by 50% by 2020, while the Netherlands and Germany, Europe’s largest producer, are preparing for increases of 20%. Many farmers in France, Europe’s second-biggest milk producer, are cautious, waiting to see if the demand will pick before investing to increase their output. To read more, click HERE.
Published on Wednesday, 8th April 2015 - 11:35
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