Milk price increases in Europe will reach Romania

The price of milk on the European markets has increased lately because of a world-scale drought, a trend that is also expected to affect the domestic market. Domestic producers estimate that by the end of the year, milk prices will rise by around 10-15%. “At a European scale, the milk market barely meets the demand, and worldwide, there is a serious shortage of milk,” stated Gerbrand de Boer, general manager of the dairy producer Friesland Romania. In both New Zealand and the United States, milk production has seen a steep decline due to drought conditions, with similar situations affecting most of Europe. That is why prices for dairy products have increased in both Holland and the UK, said Livia Diacencu, administrator of Dutch Dairy Farm, one of the suppliers of milk for dairy producer Danone. For example, British farmers announced a 5% increase in milk prices starting on July 1. “It is a general trend, which will also show on the domestic market,” added Diacencu.