Blaming each other for low milk prices

At the moment, several regions around the world are blaming each other for the current low milk prices, seen today in most regions in the world. More specifically, people are pointing a finger at the EU, as they believe that abolishing the milk quota system is seen as the main reason for the milk surplus and hence low milk prices. In my opinion the surplus of milk is temporary. The trend line in milk production shows a growth of 1.5% to 2% over the past 15 years. Additionally, the demand for mi