Dairy groups warn EU against market-distorting practices
A coalition of dairy organizations from 11 countries joined together in urging the EU not to repeat the inventory-building and extended market-price suppression it engaged in a few years ago.
As the European Union (EU) is poised to begin government-financed intervention purchases of skim milk powder (SMP) and butter, dairy farmers and processors in key dairy-producing countries around the world are calling on the EU to avoid the market-distorting practices that have significantly harmed them and the broader global dairy market in the past.
A coalition of dairy organizations from Argentina, Brazil, Chile, Costa Rica, Ecuador, Guatemala, Mexico, Paraguay, Uruguay and the United States — including the International Dairy Foods Association, the U.S. Dairy Export Council and the National Milk Producers Federation — said they joined together in urging the EU not to repeat the inventory-building and extended market-price suppression it engaged in just a few short years ago.