On 29 January 2018, the Council decided on a temporary change to the operation of the public intervention mechanism for skimmed milk powder. It did so by slightly amending the so-called Fixing regulation, which determines measures on fixing certain aids and refunds related to the common market organisation of the markets in agricultural products. The Council decided in particular to set the quantitative limitation for buying-in skimmed milk powder at a fixed price at zero tonnes for 2018.
"The Council decided today to intervene to stabilise the dairy markets in 2018. This is in line with our commitment to keep track of market developments and to make sure that the safety net is used in a timely and prudent manner, not just to react to market disruptions, but also to avoid them in the first place whenever possible".
Rumen Porodzanov, minister of agriculture, food, and forestry of the Republic of Bulgaria and president of the Council
Read the full press release here.
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