At the last auction, the remaining 162 tonnes of skimmed milk powder out of the 380,000 tonnes initially held in public stocks were sold, thus exhausting all stocks bought and managed by the European Commission, the Commission said on Friday 21 June (see EUROPE B12179A18).
After the dairy market crisis of 2015-2016, the Commission purchased 380,000 tonnes of skimmed milk powder between 2015 and 2017 as part of a public intervention aimed at stabilising the market and supporting...