Brussels, Belgium
October 31, 2006
The European Commission has
adopted a Regulation changing the rules for the eligibility of
maize for intervention.
Since EU enlargement, the maize
market has become unbalanced and intervention stocks are piling
up (5.1 million tonnes at the moment).
Maize grains tend to degrade more
rapidly when stored than other grains. To make sure that maize
offered to intervention is suitable for long-term public storage
and to guarantee that only maize of good quality is eligible for
intervention, an adjustment of the current quality criteria for
maize buying-in is required.
Therefore the Commission agreed to
upgrade some of the quality standards for intervention: the
maximum moisture content as well as the maximum percentage of
broken grains and grains overheated during drying will be
reduced and a specific maximum weight will be introduced.
The Regulation will now be
published in the
Official Journal in the next few days and the revised
criteria will apply from the first of November. |