Archive: PSA window extended

Published 28 January 15

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EU farm commissioner Phil Hogan has announced that the window for placing stock into Private Storage Aid (PSA) will be extended from February to the end of September 2015. The extension could help ease downward pressure on prices during the upcoming spring flush if used to remove excess supplies of powder and butter from the markets. The extension will now go through internal EC approval procedures and is expected to be formally adopted by the end of February.