All ‘eyes’ on management committee

THE dairy industry will watch the signals from next week’s EU Dairy Management Committee closely for signs of prices stabilising.

News on Thursday of the EU’s second sale of dairy intervention stocks will have a big bearing on markets.

Intervention releases halted recent rapid market price rises for dairy commodities, although EU Agriculture Commissioner, Dacian Ciolos, has said the release of stocks will be managed so as not to endanger the gradual recovery of the market in recent months.