Dairy
At the last tender sale, 162t of skimmed milk powder (SMP) - the final remnants of public stocks - were sold, the European Commission says.
The vast majority of remaining skimmed milk powder (SMP) in European intervention was sold out last week, with the exception of 207t.
A small amount of skimmed milk powder (SMP) amounting to just 33.42t was sold from European intervention stocks on the continent.
A total of 1,784t of skimmed milk powder (SMP) has been sold from European intervention stocks, according to DII sources in Brussels.
584t of skimmed milk powder (SMP) was sold out of intervention this morning in Europe - meaning that just 0.5% of product is left in store.
The EU has now sold 99% of its intervention stock of skimmed milk powder (SMP), according to a statement by Phil Hogan.
Some 80,400t of skimmed milk powder (SMP) has been sold from intervention stocks in the latest tender held in Europe.
A total of 60,537t of skimmed milk powder (SMP) was sold from intervention stocks in the latest tender held in Europe, it has been confirmed.
A total of 26,082t of skimmed milk powder (SMP) was sold from intervention stocks in the most recent tender offered in Europe.
Half of the skimmed milk powder (SMP) bought into public stock since 2015 has been put back into the market, the European Commission says.
Some 30,067t of skimmed milk powder (SMP) has been sold from intervention stocks in the most recent auction, at a price of €1,251/t.
A total of 26,033t of skimmed milk powder (SMP) have been sold from intervention in the most recent tendering this week.
Provisional results for the latest tender of skimmed milk powder (SMP) from intervention by the commission saw nearly 9,000t shifted.
A total of 31,493t of Skimmed Milk Powder (SMP) was sold out of intervention by the European Commission during the month of August.
About 100,000t of skimmed milk powder (SMP) has been sold from intervention in the past four months, according to EU Commissioner Phil Hogan.
The recent sale of almost 42,000t of skimmed milk powder (SMP) out of intervention is "an indicator of a stronger market".
The European Commission has sold 41,958t of Skimmed Milk Powder (SMP) out of intervention this week for €100/t more than in April.
A controlled outlet is needed to get intervention stocks of skimmed milk powder off the pitch, according to Ornua's Joe Collins.
N.Ireland
Despite a predicted slight weakening in milk base prices in early 2018, demand for SMP could help stabilise as we approach peak production.
The European Council is introducing a temporary change to the operation of the public intervention mechanism for skimmed milk powder (SMP).
Agri-Business
The commission needs to avoid buying in SMP stocks under intervention next year, without due market justification, Commissioner Hogan said.
The EU Commission is unlikely to sell much of the skimmed milk powder (SMP) out of intervention before the summer
European milk markets are expected to become more balanced in 2017
