4,497,470,537 kg milk - and no superlevy
Utilising 99.95 pct. of the 4.5 billion kg national milk quota, the Danish milk producers only just evaded superlevy for the past year.
Danish milk producers to pay DKK 60 million in superlevy
On average every third Danish milk producer must pay a superlevy of DKK 37,600, probably caused by expensive milk quotas on short-term depreciation combined with overweening confidence, agricultural advisors suggest.
Milk quota price slumped
The result of the Danish February quota exchange was a market clearing price of DKK 3.95 per kg.
Denmark loses in feta dispute
On this 25 October 2005 the Court of Justice of the European Communities in Luxembourg has pronounced its ruling in the latest of a series of feta cases. Denmark and Germany have lost the case.
August quota exchange - highest price ever
The preliminary calculations indicate a market clearing price of EUR 0.61/kg at a fat percentage of 4.36 - the highest price ever at any quota exchange.
Remarkable May quota exchange
The first of this year's four exchanges saw the smallest amount of quota ever transferred.