quota on milk production in the European Union Free Essay, Term Paper and Book Report
This article deals with quota on milk production in the European Union. The main purpose of the dairy quota scheme is to reduce the imbalance between supply and demand on the milk products market to achieve better market equilibrium, thus higher producer prices is guaranteed. Implementation of EU milk quota system will have positive effect on milk producers/processors by bringing more price stability and reducing fluctuations (EU milk market supports customs union policy), as a result of buyingâin of milk frequently and private storage of the products; guaranteed certain income level for the market operators.
Milk quota system will effect milk producers/processors, by fixing certain quantities to be marketed (to the dairy industry or directly to consumers), therefore destroying the development of the sector. The balance of milk supply demand, however, to achieve income stability; dairy farm restructuring processes; consumers, by maintaining higher market prices as a result of limitation of milk supply; and needs administration budget/staff to control the system. Additionall......
Word Count: 573
Page Count: 2.2 (250 words a page / double spaced)
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