Environmental restrictions in the European Union are ‘stagnating’ milk production in the bloc, according to the assessment of the US Department of Agriculture.
The profit of Dutch company Royal FrieslandCampina N.V. decreased by 16.7% over the first half-year of 2016 to €160m ($178m) compared to the same period in 2015.
A 'soft landing solution' for the abolition of milk production
quotas within the EU is expected to ensure a smoother transition
for the industry than abruptly scrapping the system, according to a
new report.
The international demand for dairy products has eased slightly and
prices for supplies are likely to moderate in the next several
months, according to a new report.
