Intervention has re-opened in the UK for butter. Declared prices for June 3 and June 10 fell to £180.70 and £177.27 per 100kg respectively for salted butter.
Unsalted declared prices were £178.92 and £178.24 per 100kg for the same dates, while the 92% intervention threshold stood at £187.99 and £189.53 respectively for the same dates.
Of the 1,002 tonnes of butter offered for intervention, 914t were bought in Spain.
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