Europe Will Release Intervention Stocks

Posted by Brian Gould Tue, 25 May 2010 13:30:00 GMT

The European Commission has agreed to release a portion of its intervention stocks back into the market. It has been reported that they will release up to 143 million lbs. of SMP and 55 million lbs. of butter. These stocks will be sold through tenders, with the first round of bids due by June 1, 2010.  For more detail click here.