During a discussion among EU agriculture ministers in Luxembourg on Monday 9 October about the situation facing agricultural markets, EU Agriculture, Phil Hogan suggested reducing the public intervention cap for skimmed milk powder to zero on 1 March 2018 from the usual 109,000 tonnes.
The measure would not scrap the public intervention system, which could be launched if needed in the form of a call for tender, but Phil Hogan said it would operate in a controlled manner depending on market...