AreaEuropean Union
Commodity GroupMilk and dairy products
CommodityMilk powder
Date01/09/2018
Policy CategoryStocks
Policy InstrumentStocks
DescriptionFixed buying-in price at zero for skim milk powder (SMP) to the EU intervention stock for the 2018 window (1 March30 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.
