on 08 September 2015, from cnn.com

There is so much sloshing around the European Union that milk is now cheaper than bottled water. A liter bottle of water costs around $1.50; a liter of milk $1. The slump is a disaster for dairy farmers. Thousands protested in Brussels Monday, blocking streets with their tractors, and showering police with hay and eggs. While the price of milk in shops has fallen by around 5% this year, wholesale milk prices have collapsed by about 20% to around 33 cents. That's forcing many farmers to sell their milk for less than it costs them to produce it. The EU said Monday it will provide farmers with 500 million euros ($555 ... (Read the full story)