The European Commission (EC) is taking Italy to court for failing to collect €1.34bn (US$1.5bn) of European Union (EU) milk quota fines from offending dairy farmers.
The Irish Dairy Board (IDB) plans to go back to its roots, with an Irish language name change, ahead of the April 2015 European Union (EU) milk quota abolition.
Arla Foods has increased processing capacity at its site in Pronsfeld, Germany to support growing regional and international demand for butter and milk powder.
GlobalDairyTrade (GDT) will become more "attractive" to dairies as a result of the European Union (EU) milk quota abolition in 2015 , the auction platform believes.
Arla Foods intends to increase its focus on growth markets such as Russia, China, the Middle East and Africa over the next five years, in a strategic move away from the stagnated European market.
A new economic study indicates that the abolition of milk quotas in the EU could have a significant negative impact on the profitability of organic dairy farming.