Alarming milk market figures in Germany

German producers are making heavy losses. This is according to figures on German milk production costs recently published by BAL (German Office for Agriculture and Agricultural Sociology). The alarming figures leave no doubt there is an acute crisis in the milk market. The cost study published by BAL in conjunction with the MEG Milch Board and the European Milk Board (EMB) shows that the October figure for the price/cost ratio, which indicates the coverage of production costs by the milk price,