Milk partnerships still worth considering

Following changes in quota legislation in 2000, it was no longer possible for milk producers to trade quota between themselves.
Milk partnerships still worth considering

As a result of the reforms, quota sales were regulated and exercised through the relevant co-op or milk purchaser, with sellers and buyers operating independently, and unknown to each other. Other regulations made it difficult for large quota holders to expand, with priority being afforded to younger and smaller quota holders.

In tandem with these reforms came the introduction of milk production partnerships (MPPs), which enabled farmers to combine their milk quotas, outside of the quota trading scheme. On a practical level, it catered for situations such as two farmers coming together to create one bigger dairy herd, leading to work sharing and improved lifestyle.

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