Study Shows EU Intervention Program Wreaked Havoc on Global Dairy Prices; U.S. Groups Call for End to EU Dumping of Dairy Products in International Markets

An economic analysis published today shows the serious impact of the European Union’s Skim Milk Powder (SMP) Intervention Program on the U.S. dairy industry—especially to U.S. farm-gate milk prices—in the years 2016-2019.