As part of the public consultation on the future of the common agricultural policy (CAP), the think tank Momagri was keen on Wednesday 1 February to highlight the success of the measure to cut milk production (see EUROPE 11714).
The European Commission permitted European producers to reduce production in return for minimum aid of 14 cents per litre of milk not produced. The goal was to rebalance the market by reducing production by 2.8% within the EU in the fourth quarter of 2016 (see EUROPE...