EU Dairy Industry Faces Crisis as Prices Plummet, EMB Calls for Action

The European Milk Board (EMB) has raised concerns over the recent collapse in dairy prices within the European Union. On February 25, 2026, the EMB called for immediate action, specifically advocating for the EU to introduce a voluntary milk volume reduction scheme. This measure is seen as essential to mitigate the adverse effects on farmers and ensure market stability.

The EMB's appeal comes amid reports of plunging dairy prices, which have sparked fears of financial instability for dairy farmers across Europe. The organization has highlighted the urgency of the situation, noting that without intervention, the market could face prolonged disruption.

In addition to the proposed milk reduction scheme, the EMB has stressed the importance of coordinated efforts among EU member states to address the price crisis. This includes potential support measures for producers struggling to cope with the current market conditions.

Historically, the EU has implemented similar schemes during previous market downturns, which have been credited with stabilizing prices and supporting dairy farmers. However, the current scenario presents unique challenges due to evolving market dynamics and international trade pressures.

The EMB's call to action underscores the critical nature of the situation, as the dairy sector plays a significant role in the EU's agricultural economy. The organization's recommendations are now under consideration by EU regulators as they assess potential responses to the crisis.