Insider dairy newsletters have been circulating the rumour that Mexico might be interested in buying some of the EU’s milk powder intervention stockpile. Having one of the world’s largest buyers look at European stocks would be good news, but Brussels officials contacted by The Dealer said there were no discussions with Mexico outside official bi-monthly auctions. Other market experts saw the rumour as a Mexican political move to hit US president Donald Trump where it hurts – his core rural voters.
Insider dairy newsletters have been circulating the rumour that Mexico might be interested in buying some of the EU’s milk powder intervention stockpile. Having one of the world’s largest buyers look at European stocks would be good news, but Brussels officials contacted by The Dealer said there were no discussions with Mexico outside official bi-monthly auctions. Other market experts saw the rumour as a Mexican political move to hit US president Donald Trump where it hurts – his core rural voters.
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