eu end of milk quotas mean opportunities in asia
Last Updated : GMT 04:32:38
Arab Today, arab today
Arab Today, arab today

EU: End of milk quotas mean opportunities in Asia

Arab Today, arab today

Arab Today, arab today EU: End of milk quotas mean opportunities in Asia

Dairy cows eat fodder
Brussels - AFP

European dairy farmers will be better poised to benefit from world demand for their products, particularly in Asia, when three-decade old milk quotas are lifted next week, the EU pointman on agriculture said Thursday.
But Phil Hogan, the agriculture commissioner, also told a press conference he will "remain vigilant" in case of a threat to Europe's milk producers as he acknowledged the risk of price volatility.
The quotas on cow's milk, which end on March 31, were introduced in 1984 to prevent over-production that led to "milk lakes" and "butter mountains" when farmers dumped surplus products, spurred by high prices.
Regardless of demand, EU dairy farmers have been guaranteed a price for their milk that has been much higher than on world markets, though this has been reduced in recent years.
For Hogan, a market-based approach will bring new opportunities to dairy farmers throughout the 28 nations of the European Union.
"We're going to take advantage of the opportunities that the abolition of milk quotas gives towards enhancing the potential of value-added processing which will create a lot of jobs and growth in rural areas," Hogan said.
"We have new market opportunities ... particularly in the Far East," he added.
He said Europe failed to seize these opportunities in the last 30 years while other countries like New Zealand did.
"The abolition of the quotas obviously will always raise issues about price volatility, but we continue to have market mechanisms available to us in the event of a serious crisis," he said.
He said the EU is exploring through financial instruments and in policy with member states "opportunities to confront short-term volatility" by integrating supply-chain contracts, fixed contracts, and forward contracts.
"I will continue to remain vigilant in case there is a major threat to the milk market," he said.
He said the commission has also established the Milk Market Observatory which will closely monitor the market and give the "appropriate price signals."
The commission said EU production has slowed down since the end of last year in response to signs of a slowing market.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu end of milk quotas mean opportunities in asia eu end of milk quotas mean opportunities in asia

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu end of milk quotas mean opportunities in asia eu end of milk quotas mean opportunities in asia

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday