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Global Outlook 2019: Light at the end of the tunnel for SMP, as intervention sales dent stockpile

This article is powered by Dairy Markets

This year could be deemed a breakthrough for the global skimmed milk powder (SMP) market, as the European Commission's (EC) attempts at selling its 'ancient' powder under intervention measures seem to be finally working. Global prices' fluctuations seemed to have been mirroring EC's monthly (later bi-monthly) sales.


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