Further Increases to Dairy Intervention Ceilings
July 04
09:09
2016
The European Commission has further increased the public intervention ceiling for skimmed milk powder from 218,000 tonnes to 350,000 tonnes. The original ceiling of 109,000 tonnes had already been doubled in April but due to its quick uptake, the European Commission had announced early on its intention to further increase it to support EU dairy farmers facing difficulties with the agricultural markets. The dairy market trends monitored by the Milk Market Observatory show that there is still a need to rebalance supply and demand.
