The Commission is proposing a range of measures for milk including the bringing forward of the Agenda 2000 reforms by one year to 2004-05, the introduction of two further annual cuts of 5% in intervention prices starting in 2007-08 and restrictions on the purchase of butter into intervention to 30,000 tonnes, with increases in the dairy cow premium and two additional quota increases of 1% per annum. The total intervention price reduction of 25% would be differentiated as between butter and skimmed milk powder with a 35% decrease for butter and a 17.5% decrease for skimmed milk powder. The milk quota regime would be extended to 2014-15.