Impact of the Coronavirus crisis on the European dairy sector
In light of these trying times, individual dairy-market stakeholders are already taking action to limit the fallout of the Coronavirus crisis. For example, Mila, an alpine-milk dairy in South Tyrol, recently asked their producers to voluntarily reduce their production volumes to adapt milk supply to this crisis situation.
It has become clear over the past few days that during crises, everyone needs to act in concert in order to deal with the arising issues effectively. It is not enough for individual regions to react or for different regions or institutions to implement measures that are all very different from each other. The measures must be aimed at everyone and must enjoy broad support – that is the only way to bring the Coronavirus crisis under control. In Europe, our lives are already so closely intertwined that it is impossible for individual action to produce meaningful results. Thanks to these close links – and this is a good thing – we also have the overarching institutions of the EU, which are in a position to make anti-crisis action in the dairy sector a reality.