Brussels, 20/05/2016 (Agence Europe) - As part of its on-going efforts to simplify common agricultural policy (CAP) rules, on Wednesday 18 May, the European Commission adopted the delegated regulation on public intervention and aid for private storage.
The Council and the European Parliament have two months to either accept or reject the text. The delegated act supplements the basic act with regard to the conditions on eligibility of products for the schemes taking account of the different nature of the products and in respect of public intervention on the buying in and reselling of eligible products by the paying agencies of the member states, including on the conditions to be met by storage places to ensure the safe storage of the products. The delegated act updates requirements relating to the eligibility of cereals for public intervention to apply as from the 2017-18 cereals marketing year.
It contains requirements relating to the lodging of a security to participate in the schemes and lays down rules on the release or forfeiture of such securities and lays down provisions on penalties in respect of aid for private storage.
Public intervention applies to common wheat, durum wheat, barley, maize, paddy rice, fresh or chilled meat of the beef and veal sector, butter and skimmed milk powder. Aid for private storage may be granted for white sugar, olive oil, flax fibre, fresh or chilled meat of bovine animals aged eight months or more, butter, cheese, skimmed milk powder, pig meat, or sheep meat and goat meat. (Original version in French by Lionel Changeur)