Consumers in the U.K. have become used to paying rock bottom prices for milk but trying to keep prices low since milk quotas ended is wrecking the dairy farming economy.
In England the price farmers receive for milk varies between supermarkets but overall has meant losses for dairy farms. After protests in early August some supermarkets have said they will improve prices to farmers.
The ending of milk quotas has led to a free for all.
Add to this sanctions and trade embargoes against Russia and this E.U. decision looks ludicrous.
Russia previously bought huge amounts of milk and other dairy products from E.U. countries but in tit for tat embargoes that has all changed.
Wednesday Russia Today reports:
The Brussels-based European farmers union Copa Cogeca, which includes about 60 agricultural organizations from all around the EU, estimated the losses at about €5.5 billion.
Kudos to the British, French and Belgium dairy farmers for making a stand and protesting but will it force an E.U. re-think?
Many dairy consumers in the U.K. have said they would pay more for supermarket milk but some farmers are locked into crippling contracts.
The Tory government in the U.K. is supported by many farmers which could be why Elizabeth Truss, the Tory environment secretary, is looking at forcing "supermarkets to state on labels whether their fresh food is from Britain and to agree to long-term contracts with farmers as part of plans to address the crisis in the dairy industry."
Opinion: I doubt the E.U. will allow that. The dairy farming industry then is yet another E.U. related crisis.
BBC News - Where should you buy a pint of milk to support [British] farmers?