Skimmed milk powder in the European Union may be sold into intervention storage at a fixed price between 1 March to 30 September annually. The intervention price paid for the SMP is EUR 169.80/100 kg.
The EU’s annual milk powder reception quota is 109.000 tonnes. Once the quota is fulfilled, purchases may, when deemed necessary by the European Commission, be continued through a tender procedure.
Skimmed milk powder is sold from intervention stocks following decisions of the European Commission.
In Finland intervention stocks are administered by the Finnish Food Authority.
Latest news
Intervention storage of SMP in Finland is currently empty (April 2019).