Government Addresses Seasonal Milk Oversupply
COLOMBIA – Policy measures have been taken in Colombia to address “high peak” summer production and further hardship for dairy producers.Farm output and producer incomes will be regulated and maintained from June through to September, the country’s dairy farmers have been told.
Traditionally, peak production months are June, July and August.
The announcement is part of a support package to deal with current milk surplus, well-stocked inventories and low farmgate prices.
Discussing milk price measures last week, the ministry of agriculture promised to invest $27 million in the dairy industry.
Funding will go into milk procurement, assisting with cattle exports and a dairy foods marketing campaign.
Cross-industry group, the National Dairy Council, voiced support for the programme last week.
TheCattleSite News Desk