Area
European Union
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
20/04/2020
Policy Category
Stocks
Policy Instrument
Government support
Description
Announced a plan to offer Private Storage Aid (PSA) for butter and skimmed milk powder to help curb the impacts of COVID-19. The PSA provisions offer traders incentives to hold products off the market for a period of between 90 and 180 days, to ease market surpluses for dairy commodities.
