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On March 31, 2015, the EU milk quota regime came to an end. Milk quotas were introduced to address the structural oversupply on the EU market of the late 1970s and early 1980s.
European UnionFood, Drugs, Healthcare, Life Sciences
On March 31, 2015, the EU milk quota regime came to an end. Milk
quotas were introduced to address the structural oversupply on the
EU market of the late 1970s and early 1980s. EU dairy farmers were
guaranteed a price for their milk (considerably higher than on
world markets) regardless of market demand.
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