Compensation for discontinuation of milk production and amendment of Reg. 3950/92 (levy in the milk sector)

This procedure establishes rules for providing financial compensation to farmers who choose to stop producing milk. It aims to manage the supply of dairy products within the EU market to ensure price stability and prevent overproduction.

This affects dairy farmers and producers who wish to exit the sector. It also updates existing regulations regarding levies in the milk sector to align with current market needs.