Due to the fall in purchase prices for milk, associated with the Russian embargo, Latvian producers suffer monthly losses amounting to 9 million euros, said the head of the Center for counseling and education in rural areas (CCAS) mārtiņš Timmermans, reports "Agroinvest" with reference Latvian portal mixnews.lv. Zimmermans notes that at the end of winter dairy farms will begin to declare bankruptcy.

The costs per kg of milk in Latvia average of 27 cents, whereas purchase prices are fluctuating at the level 22-27 cents, which puts dairy farm on the edge of survival.

The expert notes that in the near future, the situation is unlikely to turn around in a positive direction. Without state support companies will be able to withstand a maximum of 6-8 months, so now you should decide to rescue the industry.

According to unofficial data, the EU promised 20 million euros to the Baltic States and Finland suffered from the Russian embargo, however, the manufacturers consider this amount is insufficient, besides getting even this money remains in question.

Today, the DCF has received 6 million euros from the Latvian government, dedicated to test the productivity of breeding cows. The government is discussing the issue of allocation of additional 7.8 million euros.