PRIVATE STORAGE AID ESSENTIAL TO COMBAT COVID-19, SAY EXPERTS
March 2nd, 2020
EUROPEAN policy makers and the dairy industry are working together to prevent a catastrophic collapse in dairy markets, as demand tanks during the Covid-19 crisis. “The market shock hit the ‘lactosphère’ all over Europe and beyond,” European Dairy Association (EDA) secretary general Alexander Anton told Dairy Industries International. For example, the European Commission has noted that the European Union (EU) price per tonne of skimmed milk powder (SMP) of USD2,079/tonne on April 26 was an 8% drop from 15 days before.
The “unprecedented situation”, ...
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