Evaluating the impact of the voluntary milk supply reduction programme must take into account slippage and the opportunity cost of milk not delivered.
Determining the UK’s share of the EU’s trade-distorting domestic support ceiling after Brexit will depend partly on the allocation key but also the amount to which it is applied.
Even with goodwill, we may not be able to avoid the re-imposition of tariffs on trade between the UK and the EU after Brexit
Over on the ARC2020 website, they are having a debate on the #MilkCrisis to which I was asked to contribute. Below is my contribution to that debate. “The weighted average milk price for the EU-28 in May was 26.6 c/litre, a price last seen during the last trough in the price cycle in 2009 when [...]