The Mudcat Café TM
Thread #164605   Message #3941686
Posted By: The Sandman
05-Aug-18 - 03:21 AM
Thread Name: Brexit #2
Subject: RE: Brexit #2
ha ha,we will see.
in the past the EU HAS BEEN PROTECTIONIST , LARGE WINE LAKES AND BUTTER MOUNTAINS HAVE BEEN HOARDED.France has had its wine market protect4d, does anyone deny this
It seems we did not need these fine wines and fine EU produce of wine butter and milk[DavidCarter take note]
very shortly we will all have to consrve energy, consume less, and start where we can, being more self sufficient,unless the two brexit sides stop posturing we must prepare for being worse off, i hope it does not get too bad. but it is no point pretending that incompetent politicians can sort things out, most of the politicians seem concerned only with having a job and getting votes ,very little long term strategy
, i hope they do sort out trade deals benficial to both sides ,but I am preparing for the worst, the kind capitalists of the
EU DID NOT HAND OUT FREE MILK TO THE GREEKS
milk lake   

   

Milk cartons being transported on a conveyor belt in the Candia milk plant in Awoingt, northern France | Philippe Huguen/AFP via Getty Images
Europe’s hidden milk lake threatens fragile market

https://www.politico.eu/article/europes-hidden-milk-price-lake-threatens-fragile-market-eu-commission/

Brussels bought up a huge amount of milk to try to boost prices. The danger is that these stocks are now forcing prices down.

By Emmet Livingstone        

1

HERSTAL, Belgium — Milk lakes and butter mountains were meant to be a relic of Europe’s past.

Massive EU intervention in the dairy market is back, however, and its price-distorting effects are coming in for some of the same scathing criticism as in the 1970s and 1980s, when Brussels became a byword for reckless intervention.

In an attempt to prop up prices in the teeth of a dairy crisis, Brussels has been buying up milk since 2015. A lot of milk. The European Commission has used public money to buy some 380,000 metric tons of skim milk powder. That’s slightly more than a big dairy powerhouse like France produced in 2016, for example.

Stockpiled in warehouses — mostly in France, Germany and Belgium — the sacks of milk powder conspicuously failed to stop the price hemorrhage. In fact, the EU strategy is in danger of doing exactly the opposite. Milk farmers and traders fear that the very existence of these quantities is already dragging down prices, in the expectation that they will one day be sold back.

“This powder is the problem,” said Romuald Schaber, chairman of the German dairy association. “It’s the sword of Damocles hanging over us all.”

. . . .


Stop with the huge cut-and-paste, Dick. I've posted the link after a brief introduction. We only allow long cut-and-paste for stories we want to preserve in the music section. ---mudelf