EU Intervention Stocks

Published 29 January 14

Market prices remain above intervention prices so there is still no product being sold into intervention. Excluding butter allocated to the 'deprived persons' scheme, there are virtually no butter stocks.

Private Storage Aid (PSA) applications closed on 15 August 2013. The closing quantity of butter offered into private storage was 89,389 tonnes, 32.9% (43,917 tonnes) less than 2012 and 15.4% less than 2011.

Between 12 December 2013 and 23 January 2014, 12,015 tonnes were removed from PSA. This reduced EU butter stocks to 7,903 tonnes, 59% lower than the same month last year. The UK removed 550 tonnes from storage during the same period, leaving 850 tonnes in UK stocks.

Management Committee dates

EU Butter Intervention

EU Butter PSA

EU SMP Intervention

UK Butter Intervention

UK Butter PSA

UK SMP Intervention

21-Feb-13

-

8,353

-

-

-

-

21-Mar-13

-

11,712

-

-

-

-

18-Apr-13

-

24,256

-

-

-

-

23-May-13

-

42,309

-

-

499

-

20-Jun-13

-

58,548

-

-

1,026

-

18-Jul-13

-

73,240

-

-

1,534

-

 29-Aug-13

 -

83,174

 -

 -

2,413 

 -

 19-Sep-13

75,640

 -

2,221 

 -

17-Oct-13

 -

56,728 

 -

2,053 

 -

21-Nov-13 

41,658 

-

1,879 

 -

12-Dec-13

-

19,918

-

-

1,400

-

23-Jan-14

-

7,903

-

-

850

-

Figures reflect actual stocks rather than offers to Intervention or to PSA.

 Intervention Stocks