In message , "Dave Plowman (News)" writes
My father stopped producing milk around 1980 so I am not fully informed:-) However, the market is not normal in that the supply side can't readily be turned off or withheld. There have been a few threats to pour milk down drains or spread it on fields but the leverage available to an individual producer is just about zero.
Once upon a time, the Milk Marketing Board regulated prices. Across the EU there remains a surplus in liquid milk (think Denmark) with each country trying to protect the livelihood of their farmers.
Basically, it is a buyers market!
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