Trade and markets
 

Detail

Area
European Union
Commodity Group
Milk and dairy products
Commodity
Milk powder
Date
01/09/2018
Policy Category
Stocks
Policy Instrument
Stocks
Description
Fixed buying-in price at zero for skim milk powder (SMP) to the EU intervention stock for the 2018 window (1 March–30 September). Typically, the Intervention scheme allows the European Commission to buy in 60 000 tonnes of butter and 109 000 tonnes of SMP between 1 March and 30 September each year, at set prices of EUR 2 217 (USD 2 586)/tonne and EUR 1 698 (USD 1 981)/tonne respectively.