BRUSSELS STOPS OFFERING EMERGENCY PIGMEAT AID – SAYS MARKET IS STABILISING AFTER DIOXIN SCARE
February 2nd, 2011
BY KEITH NUTHALL
THE EUROPEAN Commission has today (February 24) suspended the emergency storage aid it has offered to pigmeat producers since late January, when prices were reeling following Germany's dioxin contamination crisis. Brussels says markets are now stabilising and will not accept any requests for assistance made after this Monday (February 21). A Commission spokesman said: "Prices are on the upswing. Private storage is stabilising the market." He said until last Friday, applications for storing roughly 139,000 tonnes of pigmeat had been ...
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