Commission not planning new EU storage aid schemes for butter, SMP

The European Commission will not run CAP private storage aid (PSA) for butter or skimmed milk powder (SMP) from the beginning of March, unless the ongoing but still fragile price recovery reverses, officials have said.

Brussels is not planning to extend the two current,parallel PSA schemes for SMP beyond February 28 – or to open a new PSA schemefor butter during the peak production period between March and August, which ithas done in all recent years.

The Commission

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