Call for caution on release of dairy products from intervention stocks

THE European Commission was urged yesterday to exercise extreme caution in the way it manages the release of dairy products from intervention stocks onto the market.

Copa-Cogeca, the umbrella body for European farmers and agri co-ops, warned that the market is very fragile and farmers cannot suffer another income drop.

It also called on the commission to ensure the selling price is not below the current market price, in order to avoid any drop in milk prices.