Milk producers in São Miguel, in the Azores, are facing a serious economic situation with the drop in milk prices announced by the industry. The president of the Azores Agricultural Federation warned that producers could lose 15 million euros in revenue by the end of the year due to these price reductions.
The situation is described as dramatic by the producers, who are facing not only the decline in milk prices, but also an imminent increase in production costs. In particular, the price of diesel is rising significantly, which further aggravates the financial pressure on milk producers in the region.
The Regional Government of the Azores is mentioned in the context of the difficulties the producers face, although the statement is incomplete in the article. The Azores Agricultural Federation represents the interests of these producers and has been warning about the negative impact these measures may have on the dairy industry on the island of São Miguel.
