UK fills its PSA cheese allocation in first week

Thursday, 14 May 2020

By Patty Clayton

The EU Private Storage Aid (PSA) scheme began taking applications from 7 May, providing financial support for dairy products placed in storage. The scheme covers butter, SMP and cheese, with volume limits placed on the amount of cheese each Member State (incl. UK) could put into storage.

Applications for placing product into storage in the first week was varied across the EU, with cheese having the most uptake, followed by butter. Only a small amount of SMP was offered into PSA in the first week.

While some countries have not yet used their allocations, Ireland, Italy, Sweden and the UK have filled their allocations.

Weekly applications and cumulative stocks are available on our website.

Patty Clayton

Lead Analyst - Dairy

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