Europe's dairy crisis: Fallout from EU policies
Its one of the worst crises that Europe is facing, a crisis that may spread throughout the world actually, because the dairy crisis is a serious one, and its roots are not just in one or 2 places.
The EU ban on exports to Russia, turmoil in China and the EU's cutting of quotas resulting in a glut of global supply have all contributed to the dramatic fall in milk prices, which is causing significant economic losses to the farmers.
Since April 2015, the EU has scrapped production limits on dairy produce, which has resulted in a steep decline in the industry's profitability and prices. The liberalization of quotas brought about an overproduction, which, in turn, lowered prices.
The big supermarkets are also to blame, especially in the UK. Supermarkets wield formidable power over both their suppliers and their customers, a power that used to dictate terms and prices to suppliers. As a result, the practices of some of these big supermarkets have driven 3,000 small and medium-scale farmers in Britain into poverty or out of business over the past decade.
'Israel booby-trapped walkie-talkies, pagers years before Lebanon blasts'
Gaza Health Ministry calls for urgent intl. help to protect hospitals amid Israeli genocide
Stakes involved in Iran’s partnership with Eurasian Union
VIDEO | Press TV's news headlines
Iran says ‘ready’ to reopen embassy in Syria, holds talks with Damascus
VIDEO | 12 people killed in ammunition factory blast in northwest Turkey
Iraq’s PMU masses resistance forces on border with Syria amid mounting concerns
Israel killed over 700 athletes in Gaza since October 2023
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
