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Europe’s Farmers Welcome New Milk Market Observatory

23 April 2014

EU – The European Commission’s Milk Market Observatory has been welcomed as a ‘step in the right direction’ by Europe’s voice for farmers and cooperatives, Copa-Cogeca.

The observatory is to ease Europe’s dairy industry into the post-quota era of 2015 by providing supply and demand analysis, informing producers, processors and retailers to make decisions.

Speaking at the launch, Copa-Cogeca Chairman of milk working party Mansel Raymond said data must be up-to-date and forward looking to allow decisions on future trends.

A single web interface of copious raw data for milk sector stakeholders will provide production costs, markets perspectives and world dairy prices.

TheCattleSite News Desk

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