Europe producers need solution in the milk crisis

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“We need a price around 35 to 40 cents to break even. he problem is that the price of milk is around 25 cents,”one farmer told to the media. An EU milk quota that kept the lid on production for more than 30 years, was lifted in April, opening the market to cheap surplus milk. At the same time farmers have lost many subsidies and are also facing a Russian embargo on EU produce. EU sources say new quotas won’t be introduced unless one of the member states puts the issue on the table and European agriculture ministers are scheduled to meet in Brussels on September 7. Europe needs milk and must find solutions, this is not the first time when such things happen.

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