EU Commission pledges to maintain dairy market

EU Member States agreed this week not to sell any skimmed milk powder (SMP) out of public intervention, after the Commission recommended to refuse offers, which were well below prevailing market prices.
EU Commission pledges to maintain dairy market
Thu, 26 Jan, 2017 - 00:00
Stephen Cadogan

The Commission offered for sale 22,000 tonnes of SMP that entered into public intervention before November, 2015.

The quantity for sale is only 6% of the 354,000 tonnes which went into public storage in 2015 and 2016 (up to September).

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