Milk quota system is scrapped in Switzerland
Since the turn of the century Swiss politicians have been weighing up whether or not to scrap its system of milk quotas. This is prompted by an earlier announcement by the European Union (EU) that it intended to review its quota system in 2003 and abolish it by no later than 2008. In 2003, the decision is made to exit by 2009. In the wake of the abolition of the milk quota system, milk volumes rise – and continue to do so until 2014. As the milk price falls, milk volumes stabilise in response to a slightly lower level. The number of dairy farmers sees a continual decline. In the EU, incidentally, the milk quota is not scrapped until 1 April 2015.