The European Commission has presented a €500m comprehensive package of measures to support European farmers in Brussels today.
Beginning of the new season does not make the milk operators happy. They have no markets to direct the surplus of milk.
The end of EU milk caps has lifted Irish spirits, but USDEC research shows clouds blocking sunny government forecasts.
With the EU milk quota set to be removed on 1 April 2015, production will become further concentrated in the key milk-producing regions of Northern and Western Europe, according to Rabobank’s latest report.
The German Milk Board (MEG) has developed its own Roadmap Milch & Mark as a guide for the milk trade after the end of quota.
The end of quotas frees efficient European dairy farms to expand.
New Zealand-based Fonterra Co-operative Group Limited has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands.
At the beginning of 2015, a few weeks before the end of the milk quota regime, discussions on the future of the dairy industry intensified in Brussels.
A proposal to extend private storage aid (PSA) for butter and SMP will be voted on next week by the European Commission according to DairyCo.
More milk is being processed into powders and butter according to the European Commission’slatest outlook.