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Article: Brighter 2002 ahead for skim milk powder exporters. (Dairy).(from European Commission)(Brief Article)(Statistical Data Included)
- Article from:
- Grocer
- Article date:
- January 5, 2002
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UK and other EU producers are looking forward to a brighter trading situation in 2002 than they have enjoyed over the past year.
This is partly because the European Commission decided just before Christmas to double the export subsidy for skim milk powder from 100 to 200 euros per tonne - about 125 [pounds sterling] per tonne.
Export subsidies for whole milk powder were also raised by 13% to 680 euros per tonne.
EU exports of skim milk powder in the year just ended collapsed 60% to less than 150,000t, partly because the export subsidy was reduced to zero from July to November.
The increased export subsidy will help make EU supplies more ...