The EU raised its voice in support of the farmers involved in milk production and said cutting down or lowering productions on weekdays will help in curbing the price falls. The European Commission, who is the manager of the 28-nation alignment, is likely send to all the member states the proposal that is needed as an emergency exception to rules guaranteeing economic competition.
The abolished the quotas in April 2015, which lead to the overproduction of milk and triggered a collapse in costs that haven't recovered despite a 500-million-euro ($556 million) aid package declared sometimes back. The combination of things, together with dynamic dietary habits, fastness Chinese demand and a Russian embargo on the Western product in response to sanctions over the Ukrainian conflict, has pushed down costs for beef, pork and milk.
The former Irish Minister, Mr. Hogan, acknowledged that this is the second such a situation in the last six months and the situation is turning to be an emergency.
The Belgium-based farmer Mr. François Lejeune, who is also a union leader reported that the latest liberal policies are turning a week and he is afraid that many farmers may file bankruptcy. He also launched a protest with jointly with several farmers along with their cattle’s such as the cows, goats & lambs, and Pigs. He also mentioned that the Union should come forward a buy the excess produce at a higher cost to help the farmers in this sector to recover or overcome the situation and only this will help them.
The Commissioner of the EU came forward to request all the member state to stipend down the milk farmers to the tune of 15 thousand Euros for a year to help them come out of the bad situation. He said with the overall support of all, he would come forward to double the private storage capacities of the down products such as the pastured milk, butter, etc, which in turn on a reverse action help to streamline or raise the falling milk price.
The Former Minister said such schemes should also be brought to other perishable food products such as pig meat etc to keep the farming community in a comfortable position. He also mentioned that the earlier pig meat recovery scheme in January was closed when simply 3 weeks period and within this short spans over 90 thousand tons taken away from the market at a price of twenty-eight million Euros.
He also mentioned that the EU should work hand in hand with the investment banks and the commissions to push more funds and raise the monetary instruments and other funds to help the milk farmers and dairy product processing industry to be very competitive and also extend the period of the Multi-Million Vegetable and fruit market aide to another year that was severely hit by the Russian markets. The Moscow government to retaliate the EC Sanctions after the Ukrainian shot out of the Malaysian aircraft has banned the import of farm products from EU.
Mr. Hogen finally said these measures may, at least, try to improve the situation if not turn around the problem.
