The results of scenario S4 are presented in relative terms to scenario S3, . the baseline scenario in year 2020. Therefore, this analysis isolates the effects of the abolition of the milk quota system in the EU-27 on specific economic indicators at MS and regional level. Key results of scenario S4 are that milk production increases by about in the EU-27, and EU raw milk prices decline by 10%. Production of butter, skimmed and whole milk powder would increase by 5-6% while their prices would decline by about 6-7%. The production of cheese and fresh milk products.
