There is just under 2,000t of skim milk powder (SMP) remaining in European intervention stocks following the latest SMP sale.

A small amount of 33t of Finnish stocks was sold at the most recent tender on Tuesday 16 April. It sold for €1,660/t.

The next tender will take place on 21 May when 1,106t will be offered. The vast majority of the remaining stocks are in Spain, while there are smaller amounts available in Germany, and the UK.

Some 380,000t of SMP has been sold out of intervention over the last 12 months, with all Irish stocks having been cleared in February.

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