Almost three quarters of the skimmed milk powder in public intervention stocks since 2015 has been put back into circulation on the markets, the European Commission noted on Friday 14 December.
Almost 60,000 tonnes of skimmed milk powder were sold at the auction on 13 December. This is the largest sale since the launch of the public auctions in December 2016 (see EUROPE 12134). The tender of 13 December reduced EU public stocks to around 100,000 tonnes (compared to 380,000 tonnes in...