The UK is included in the EU’s coronavirus emergency support measures because it is still in the Brexit transition phase and contributing to the union’s budget.
Following calls from farming groups across Europe, the European Commission has announced a three-pronged support package, which it hopes will be in place early this month.
Private storage aid has been granted for skimmed milk powder, butter and cheese along with beef, sheep meat and goat meat.
This means the commission will pay for the storage of those products for a minimum of two months and maximum of six, taking them off the market to help support prices.
Money earmarked for promoting certain products, including wine, fruit and vegetables and milk can also be diverted to crisis management measures.
This includes diverting support from schemes providing milk, fruit and vegetables in schools, an initiative that is worth €250 million (£218 million) between 2017 and 2023.
Sales of dairy products, flowers and processing potatoes will be spared some competition rules for up to six months allowing companies to work together to manage supply.
It means the dairy sector will be able to plan production over the coming months, while the flower and potato industries can withdraw products from the market.
Consumer prices will be monitored during the period competition rules are relaxed to ensure shoppers are not losing out.
Janusz Wojciechowski, The EU’s Commissioner for Agriculture, said: “The measures proposed are, in the present state of market developments, intended to send a signal aimed at stabilising markets and are considered to be the most appropriate for providing stability to future prices and production and thus stable food supplies and food security."