MILK: PRICES
Sir Nicholas Soames: To ask the Secretary of State for Environment, Food and Rural Affairs, what her estimate is of the (a) Actual Milk Price Equivalent and (b) Intervention Milk Price Equivalent for the first quarter of 2015.
George Eustace, Parliamentary Under Secretary of State for farming, food and marine environment: The Actual Milk Price Equivalent and Intervention of Milk Price Equivalent indicators capture historic market trends and cannot be used to estimate future prices.
The EU Milk Market Observatory (MMO) provides a range of information on price trends and short-term analysis. Intervention prices for skimmed milk powder and butter are set out in EU Regulation 1370/2013.
216503