Trade4go Summary
The European Union (EU) is the leading region in milk production and has a significant presence in the global dairy market, despite potential challenges in markets like the USA and China. Italy, currently the fifth-largest milk producer in Europe, is seeing an increase in its milk price due to its high-quality milk and is experiencing growth in the turnover of products like butter and skimmed milk powder in non-European exports. However, cheese, especially products like Grana Padano and Parmigiano Reggiano, is the primary focus in Italy. The European Union is working towards a Common Agricultural Policy (CAP) that provides financial and sustainability benefits for those in the sector and is looking towards an agricultural commission focused on investment in the next five years.
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Original content
Milan - "The European Union is the first geographical area for milk production in the world. The dairy sector has important marketing at all levels, especially in exports, even if we know that markets like the USA and China could become problematic due to duties". So said Brigitte Misonne, Head of Unit Animal Products DG Agriculture and Rural Development of the European Commission, on the occasion of the first Summit of Italian dairy cooperation. "Italy is currently the fifth largest milk producer in Europe, but the shares are increasing: this means that Italy could reach higher positions in the future. Thinking about farmers, it is right to talk about both volumes and costs and revenues. The price of Italian milk has increased in recent years: something expected, because Italian milk is of high quality. Butter and skimmed milk powder are products that are currently growing strongly in the turnover of continental exports to non-European territories. The situation is different in ...