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EU commission release details on PSA scheme
Wednesday, 6 May 2020
By Felicity Rusk
On 4 May, the EU Commission formally adopted the regulations to open a private storage aid (PSA) scheme for dairy products. Applications for aid will be open from 7 May to 30 June 2020, and will be available for cheese, butter and skimmed milk powder. Applications will however only relate to products that have already been placed in storage.
- Minimum quantity per application is 0.5 tonnes
- All cheese varieties suitable for storage are eligible
- Aid may be granted where the storage period is between 60 and 180 days.
- Aid shall be fixed as follows:
- €15.57/tonne for fixed costs
- €0.40/tonne/day of contractual storage
- Member states have been individually allocated a maximum volume eligible for aid based on production
- Germany-21,726 tonnes
- Ireland- 2,180 tonnes
- France- 18,394 tonnes
- Italy – 12,654 tonnes
- UK- 4,499 tonnes
Click here for the full regulations relating to the PSA scheme for cheese.
- Minimum quantity per application is 10 tonnes
- Aid may be granted where the storage period is between 90 and 180 days
- Aid shall be fixed as follows:
- €9.83/tonne for fixed costs
- €0.43/tonne/day of contractual storage
- No volume ceiling has been announced for butter, however, should the cumulative volumes applied for reach the estimated budgetary limit of €14 million, it is possible the Commission would suspend the current campaign
Click here for the full regulations relating to PSA scheme for butter.
- Minimum quantity per application is 10 tonnes
- Aid may be granted where the storage period is between 90 and 180 days
- Aid shall be fixed as follows:
- €5.11/tonne for fixed costs
- €0.13/tonne/day of contractual storage
- No volume ceiling has been announced for skim milk powder, however, should the cumulative volumes applied for reach the estimated budgetary limit of €6 million, it is possible the Commission would suspend the current campaign
Click here for the full regulations relating to PSA scheme for skimmed milk powder.
Volumes offered into the scheme will be published from 11 May onwards and available on our website.
For more information about utilising the PSA scheme, refer the Government’s guidelines.
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