Dutch Farmers Sold For 8 Cents Under Cost of Production in 201311 July 2014
NETHERLANDS – Milk markets last year saw dutch farms sell milk for an average of eight cents per litre under production costs.
A litre of Dutch milk cost an average of 45 cents to produce last year and fetched a price of 37 cents, according to calculations by the Farm Accountancy data network.
The Netherlands has become the latest European country to present a study highlighting the gulf between milk price and production cost for 2013.
The study, presented by the Dutch Dairy Board last month, said that 37 per cent of the country’s dairy farms have closed because of ‘a milk price that is structurally too low’.
TheCattleSite News Desk