Peter Petersson, a dairy farmer from the county of Småland, said to Swedish Radio News that his revenue had sunk by 30 percent in just the last half year.
The Swedish Parliament had scheduled a crisis meeting Thursday to discuss the issue.
Russia's ban on imports was a reaction to sanctions imposed by the EU. Now, a surplus of milk products in EU countries means that prices have sunk for dairy farmers in Sweden.
Swedish Radio News reports that countries like Germany, Poland, and Finland once exported dairy products to Russia. The ban means a surplus of milk, cheese, and butter in those countries.