The pig breeders on the edge of bankruptcy

By: trademagazin Date: 2010. 11. 03. 16:17

The pig industry faces a bad year, so the state should intervene – said Sákán Antal president of the Association of Pig Breeders. Without interference from state, pig stocks can decrease by 1 to 1.5 million from the current 3.2 million, which means that the every second kilograms of meat should be imported and thousands of farmers can go bankrupt.

The state has to buy feed and let the breeders to buy the feed in discount payment details, as well as a state capital risk fund should be established to lend and the interest-free capital support of the EU to the farmers implementing the investmentments. Otherwise, other plants will be closed and the pig stock falls below 3 million – reports szabadfold.hu.

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