Land to set limits on EU dairy growth
They see production becoming further concentrated in the key milk-producing regions of Northern and Western Europe, where farmers will utilise the spare capacity developed through the last 30 years of investment and technology gains.
“However, with an expansion of over 12 million tonnes already achieved between the announcement of milk quota removal in 2006 and 2014, a large proportion of this additional capacity has already been used,” said Rabobank analyst Kevin Bellamy.
