EU dairy sector hit with milk quota penalties
Dairy farmers in six European Union (EU) Member States have been hit with ‘superlevy’ penalties totaling more than €78m for exceeding their milk quotas in the 2011/12 season.
Dairy farmers in six European Union (EU) Member States have been hit with ‘superlevy’ penalties totaling more than €78m for exceeding their milk quotas in the 2011/12 season.
Danone must cut the prices of its branded dairy products significantly in parts of Europe to compete with lower-price private label brands, French banking giant Societe Generale has claimed.