AM: Drought-stricken corn producers receive extraordinary support
Financial assistance has arrived for smaller, economically more vulnerable corn producers who found themselves in a difficult situation due to last year’s severe drought. Based on applications submitted in July, the Hungarian State Treasury began transferring more than 16,000 forints per hectare, thus disbursing 6.43 billion forints in the penultimate week of September, the Ministry of Agriculture (AM) announced on Thursday, according to the ministry’s state secretary responsible for agricultural and rural development support.

(Photo: Pixabay)
József Viski reminded that last summer, farmers who grew spring-sown arable crops, including corn, had to deal with a severe drought. Thanks to the damage mitigation system, more than 25 billion forints were paid out. However, the ministry also requested assistance from the EU crisis fund to provide extraordinary assistance to small producers in difficult financial situations. As a result, the European Commission awarded Hungary 16.2 million euros in extraordinary aid, they wrote. According to the statement, following the submission of applications in July and their processing, the Hungarian State Treasury paid 6.43 billion forints in aid to 58,065 farmers on Tuesday. Within the framework of the measure, the affected farmers received 16,535 forints per hectare of aid, taking into account the available funds and the eligible maize production area, they added.
MTI
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