EU intervention stocks

Updated 07 December 2020

Intervention and Private Storage Aid (PSA) are key parts of the European Commission’s market support programme. Intervention is used to stabilise the market by purchasing surplus supplies, which are then stored. Intervention stocks are then sold through public tenders when market prices increase. PSA provides support payments for storage due to the seasonal nature of dairy production. It helps to stabilise the market for a product in the event of a surplus, and is available at the discretion of the Commission.

Overview

  • The Intervention scheme allows the European Commission to buy in 50,000 tonnes of butter and 109,000 tonnes of SMP between 1 March and 30 September each year, at a fixed buying in price of €2,217/tonne and €1,698/tonne respectively.
  • Intervention for butter and SMP is open for 2020 until 30 September.
  • PSA is available for butter, cheese and skim milk powder. PSA has not been available for dairy products since 2017, but was been re-opened in May 2020 in response to the market disruption caused by the coronavirus pandemic.

Private Storage Aid offers

Applications for Private Storage Aid closed on 30 June 2020.

table

Intervention buying

In the week commencing 11 May 2020, 115 tonnes of skim milk powder was offered to public interevention from the Czech Republic.  

This is the first use of public intervention since it opened on 1 March 2020.

table

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk  © Agriculture and Horticulture Development Board. All rights reserved. 

×