The European Union is considering a plan whereby dairy cooperatives voluntarily reduce production in the face of slumping prices. Rebalancing supply and demand in the near term may make sense, but they are also helping their competitors in the U.S. Transatlantic Dairy Strategies The European Union is considering a plan whereby dairy cooperatives voluntarily reduce production in the face of slumping prices. Rebalancing supply and demand in the near term may make sense, but they are also helping their competitors in the U.S. and risk being behind in a global demand turnaround. The end to EU dairy quotas pushed production up more than 5 percent, exasperating lower prices received by American dairy farmers. The Americans are not reducing prod...