date:Aug 28, 2012
ned European Union (EU) milk quota abolition in 2015.
Member State milk producers have been allocated milk quotas since the mid-1980s in an effort to limit the supply of milk within the EU.
EU milk production is expected to increase by between 55% and 60% in the five years following the abolition.
Processing capacity
Talks between Glanbia and Glanbia Co-Operative Society Limited concerning a joint venture are on-going.
But to ensure the potential joint venture is prepared for the 2015 milk