On June 25 the Commission proposes opening a tender system to take the place of the open-door intervention scheme.
To try to soften the impact, the Commission also last week raised export subsidies by between 5% and 20% for all dairy products except butter and cheese. For SMP, the increase of 10% to 1715 per tonne represents the sixth increase in subsidy since last November. The production subsidy for making casein had its second increase in less than a month.