For Germany dairy farmers, Monday’s milk summit in Berlin came none too soon. They’re feeling the pinch, with current prices far below their production costs.
One liter of milk currently costs as little as 46 euro cents in many German supermarkets. The result: Dairy farmers are now earning an historic low of only 20 cents per liter – nearly half of what they need to stay in business, according to BDM association of German dairy farmers.
Over the past few months, many of country’s some 75,000 dairy farmers have launched sweeping demonstrations to protest the ruinous effects low milk prices have had on their livelihoods. Their protests finally prompted the German government to respond to their demands for firm action on the milk-price crisis.