Termination of temporary FrieslandCampina standstill measure as from 1 March 2017

22 February 2017

FrieslandCampina implemented a temporary standstill on 9 January 2017. This measure was taken in the run-up to the phosphate reduction plan aimed at preventing the milk supply from increasing in relation to the year 2016. The temporary measure has resulted in a stabilisation of the total milk supply by the member dairy farmers in January 2017 with respect to December 2016. The temporary FrieslandCampina standstill measure will terminate on 1 March 2017.

Ministerial decree concerning the phosphate reduction plan in force as from 1 March 2017

On 17 February 2017, the Ministry of Economic Affairs announced the Phosphate Reduction Plan Decree 2017, which will come into force on 1 March 2017. This ministerial decree is part of the 2017 phosphate reduction package of measures. It is expected that the coming into force of this package of measures will reduce the milk production and so rebalance the milk supply and the available own and hired processing capacity.