News
-
News Articles
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
-
December 2018
- The lingering impact of summer
- UK and Ireland MCVEs hit by falling cheddar prices
- Drop in England and Wales milk producer numbers
- Ireland to exceed 2020 milk production target in 2018
- Forage survey confirms decline in grass silage quantities
- Loss of branded cheddar costs industry £16m
- Dairy calvings down in October
- Collaboration and pride key to driving dairy industry forward
- Pasture to Profit Conference 2018
- Milk quality bull takes lead on proven sires list
- Modern Holstein sires offer health, welfare and efficiency
- Holstein sire leads mixed breed ranking for Spring Calving Index
- Stability prevails amongst the non-Holstein breeds
- Podcast: Resilience in dairy farm businesses – bounce without breaking
- Time for farmers and growers to take a closer look at their soils
- Record sales of intervention SMP
- AHDB Dairy Board member hosts feed workshop for dairy farmers
- Dairy genomic indexes stand the test of time
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- Archive
- Technical Articles
- News Archive
Record sales of intervention SMP
Published 19 December 18
Record volumes (60,537 tonnes) of SMP intervention stocks were accepted as sold in the most recent tender on 11 December, bringing total sales out of intervention to just over 277,000 tonnes. In addition to this, there was a huge rise in the minimum price set by the Commission; up €138/tonne on the previous tender, to €1451/tonne. This is the fourth consecutive price rise and the highest threshold set this year.
The greatest quantities sold were from France, at 21,867 tonnes. For the first time since 2016 there was a sale of some (200 tonnes) of UK stocks. Following this most recent sale, remaining stocks in Germany, the Netherlands and Czech Republic have been completely cleared out.
Total volumes available for the next tender on 8 January will be 102,590 tonnes, which includes all stocks entered into storage up to 1 January 2018; which is essentially all the product that is in storage.
