ICMSA: Current milk quota policies will bankrupt Europe’s dairy sector

THE dairy sector in Europe will face bankruptcy if the current policy of expanding milk quotas into a market where producer prices have collapsed continues, the Irish Creamery Milk Suppliers has warned.

Jackie Cahill, president, said the European Commission admits that the situation will not correct itself in the short term without major changes, but it then proposes absolutely nothing that could be described as a major change.

“We get more of the same nonsense that has brought Europe’s dairy sector to its knees and those still talking about how abolishing quotas will give the scope for profitable extra output are now actively complicit in destroying their own sector.