US dairy cows produced in 2016, the record volumes of milk, which led to the lowest prices on milk in the last six years. This was reported Bloomberg, citing data from the US Department of Agriculture (Department of Agriculture, DoA).
It is noted that while maintaining the rate of milk production, the industry can break all previous records in terms of production volumes.
In some states, milk supplies are becoming so burdensome for farmers and processors that the industry is trying to find new options for storing them, the agency said.
It is noted that the fall in milk prices has also led to a reduction in prices for all other dairy products.
See also ... 09/11/2015 Latvian farmers will receive € 8,45 million from Brussels 13/10/2015 Latvian farmers will receive EU money in 2016/27/07 Finnish farmers expect government support fell by 2015% 23/03/2016 Belarus agrees with the US on animal husbandry 2,3/23/10 Lithuania asks the EU for 2015 million euros for dairy producers 06/08/2015 Purchase prices for milk in Latvia fell by 32% 22/05/2015 Estonia: the purchase price of milk fell by 33% 25/03/2015 Milk prices in the UK fell by 40% 22/01/2015 Latvia expects a fall in purchase prices and milk yields25/02/04 Latvia will ask the EU for help for the dairy industry2015 / 29/07 Latvia has not exceeded the established milk quota