With the milk quotas scheduled for removal by 2015, provisions need to be made to absorb volatility in the market.
There has been increasing volatility in international dairy markets in recent years.
The report emphasises the problematic occurrence of speculation in inflating prices and increasing volatility on the markets, which needs to be regulated.
This objective can only be achieved by resolving the issue of price volatility (caused by speculation) and dwindling food stocks.
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