Does the European Union need more milk?

The following article was published by ARC2020 in March 2018

If one lives in Ireland and commentates on agriculture, a day does not pass without reading about the expansion of Irish dairying. Since the end of the milk quota regime, production growth has been rapid. One would have expected the low prices of 2015 and 2016 to have cooled the ardour, but apparently not. Add in that the Commission had to intervention stockpile milk powder and that much of Irish expansion milk has been dried, one would have expected market signals to have dulled enthusiasm. But no, we hear talk of moving onwards to 10 billion litres very soon. After all, the World population will grow and Africa or China or somebody will buy Irish dairy produce.

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