HROC (agency) - Kubota
Farminguk
24 July 2016 | Online since 2003
OvoConcept


17 April 2014 03:03:32|Dairy,News

Commission launches Milk Market Observatory


A new European Milk Market Observatory is being launched by European Commissioner for Agriculture and Rural Development Dacian Ciolos.
In light of the end of the milk quota regime on 31 March 2015, the Observatory will strengthen the Commission’s capacity to monitor the dairy market and help the sector adapt to the new environment, after some 30 years under a quota regime.
The Observatory is aimed at increasing transparency and providing the most accurate market data, so that actors of the milk supply chain can take well-informed business decisions and the Commission can make well-informed policy decisions. Starting from its launch this afternoon (4pm), the European Milk Market Observatory will provide a single web interface with a wealth of raw data for stakeholders in the milk sector. Moreover, it will follow and analyse past and present trends in EU and world dairy markets, production, balance between supply and demand, productions costs, markets perspectives etc.
Commissioner Ciolos said: "The new CAP strengthens the role of stakeholders in ensuring a balanced development of the milk sector. For them to be able to do so, we need both transparency of data and an accurate analysis of the market. The Observatory's true added value will lie in the constructive assessment of different market analyses. It will be a crucial tool for decision-making by the Commission and Member States".
Following on from the concept first floated by Commissioner Ciolos at the Dairy Conference in September 2013, the Observatory will provide data transparency, complemented by market analysis, short-term outlook reports and medium-term prospects, as well as by regular meetings of an economic board.
This board composed of milk market stakeholders will discuss the data and add valuable relevant information and insight that is not readily available from statistics. The Milk Market Observatory meetings will be reflected in reports that will also be made publically available.
The abolition of the milk quota system in 2015, agreed in the 2008 “CAP Health Check”, will create a new context for economic operators who have been dealing with milk quotas since their introduction in 1984. To prepare the sector for this new operating environment, a series of new instruments were developed in the context of the 2012 'Milk Package', notably on cooperation among dairy farmers.
Moreover, the milk sector was the subject of intense discussions during last year’s CAP reform negotiations and the final agreement (MEMO/13/621) provides greater market orientation with a reinforced safety net for farmers in the context of external uncertainties – primarily through direct payments, but also with options for risk management under Rural Development programmes and a new, flexible market crisis reserve in case of market difficulties.

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Australia | 22 July 2016
Laws surrounding foreign investment in farmland 'too restrictive'

A government-commissioned report into the regulatory burden imposed on Australian farmers has advised the federal government to lift "red tape" surrounding foreign investment in local agriculture, as ...


Germany | 22 July 2016
Bakery venture feeds German appetite for pesticide-free food

There's a booming demand in Germany for produce that is both locally sourced and free from chemicals. One cooperative in Karlsruhe is linking farmers producing pesticide-free grains with artisanal bak...


Australia | 22 July 2016
Australia's richest woman buys two cattle stations

Gina Rinehart's Hancock Prospecting has snapped up two cattle stations in the Northern Territory, adding to the billionaire's steadily expanding livestock portfolio. Hancock has acquired the Rivere...


Cambodia | 22 July 2016
You could own a piece of a Cambodian dairy startup

At a time when Nintendo’s Pokémon Go is taking over the world, the name Moo Moo Farms may conjure up imagery of pixelated princesses and plumbers whizzing along a cartoon racetrack. But it turns ou...


USA | 22 July 2016
Is it too late to invest in farmland?

Last week, I wrote an article called The Bull Thesis on Farmland in which I presented the asset class and explained why I believe it to be a good idea to add some farmland to your portfolio. I was...



Trending Now

Viewed
Discussed


Top stories you may have missed
closeicon
Username
Password