CCFN: U.S. Dairy Industry Faces Billion-Dollar Losses if EU Geographical Indications Schemes Proliferate

The U.S. dairy industry – and the U.S. economy – could be hit with $9.5 billion to $20-billion in revenue losses if the European Union (EU) is successful in expanding restrictions on the use of generic terms like parmesan, asiago, feta and others, according to a new study conducted by Informa Agribusiness Consulting, commissioned by the Consortium for Common Food Names (CCFN) and the U.S. Dairy Export Council.

CCFN: US Dairy Industry Faces Billion-Dollar Losses If EU Geographical Indications Schemes Proliferate

The U.S. dairy industry – and the U.S. economy – could be hit with $9.5 billion to $20-billion in revenue losses if the European Union (EU) is successful in expanding restrictions on the use of generic terms like parmesan, asiago, feta and others, according to a new study conducted by Informa Agribusiness Consulting, commissioned by the Consortium for Common Food Names (CCFN) and the U.S. Dairy Export Council.