Smaller volume sold in latest SMP tender

A lower volume of skimmed milk powder (SMP) was sold out of intervention at this week’s tender.

Odile Evans

4 October 2018

Smaller volume sold in latest SMP tender

The next tender takes place on 16 October.

This week, 2,499t of SMP was sold from intervention at €1,230/t. This is down from the 9,000t sold in the last tender, but the price has remained stable over August and September.

Tenders are now once every two weeks rather than once a month. The total amount of SMP sold from intervention to date stands at 143,500t.

The next tender takes place on 16 October.

Dairy markets: milk prices rise despite fall in commodity markets

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