EU Decreases Export Subsidies

Posted by Brian Gould Mon, 26 Oct 2009 14:42:00 GMT

The EU decreased export subsidies on a number of products. The SMP export refund was reduced from $0.13 to zero, the WMP subsidy was cut in half to approximately $.10/lb and the butter subsidy was reduced from $0.44/lb to $0.26/lb.  The cheddar subsidy was unchanged at $0.15/lb .