EU-28: Dairy and Products Annual
Despite of the drop of farm-gate milk prices and reduced export demand for cheese and whole dried milk, deliveries of milk in the European Union are expected to increase by 1.1 percent in 2015 and continue to grow into 2016. Increased milk production is expected to be mainly processed into butter and non-fat dried milk, which remain in demand on the world market. In 2015 the European Commission introduced market intervention measures which are expected to help farmers to adjust to the new market situation after termination of milk quota system on March 31, 2015.
