Russia: The EU has calculated a reduction in the number of cows due to tightening environmental policies
Regulation & Compliances
Market & Price Trends
Published Dec 11, 2023
The European Commission predicts a 13 percent decrease in the number of cows in EU countries by 2035 due to tightened environmental requirements, leading to a decrease in milk production. Farms with excess nitrogen emissions from livestock waste are being closed and bought by authorities. Analysts expect global milk prices to rise as a result of these changes in the EU, with production levels expected to decrease by 0.2 percent per year until 2035 while high quality and organic production will become more important. Meanwhile, an increase in milk production is expected in countries such as North Africa and Southeast Asia.
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Moreover, this is becoming even more important as the authorities of European countries have tightened the requirements for keeping livestock. In particular, farms where nitrogen emissions from livestock waste products exceed permissible standards are being closed everywhere and subsequently bought by the authorities. Analysts expect global milk prices to rise According to the EC, milk production in the European Union is currently at a “turning point”. However, the estimated volumes of its reduction are not given. It is only predicted that until 2035 the figure will fall by 0.2 percent per year. At the same time, the growth in milk production will be only half the rate of increase observed in the past decade. It is also noted that another trend in its production will be the creation of added value through high quality standards and organic production. However, only a limited number of ...