European farmers to protest over milk powder in intervention being ‘thrown on market’
The European Milk Board is angry that milk powder mountains from market intervention are being released on the market which in its view would strongly increase the pressure on prices.
It says this is despite milk farmers all over Europe are far from getting cost-covering prices.
According to the EMB, this shows again that market intervention does not solve any problem on the market, but rather serves as an instrument to prolong this lasting crisis.
“We need a permanent crisis instrument now, which addresses production volumes.
“The programme of voluntary production cuts showed that this can work.
“The Commission and the Ministers of Agriculture now have to set a legal basis for the Market Responsibility Programme (MRP).
“For this reason, we will be present in Brussels on the day of next Council meeting. With strong symbolic images we will make clear that milk powder from market intervention threatens milk price.
Last week, the European Commission announced the result of its second tender for its giant reserves of Skimmed Milk Powder sold into public ownership over the past two years.