FM: almost 4 billion HUF to support dairy farmers
The dairy farmers receive nearly four billion HUF support this year. In addition to the extraordinary, 2.9 billion HUF EU agricultural subsidies, the government gives more than one billion HUF more support to the sector, which is the highest milk producer support of all time – Feldman Zsolt, Deputy Minister of State for the Ministry of Agriculture (FM), told M1 news channel on Thursday.
He recalled: Hungary will be given 2.9 billion HUF support from the European Union, which is much larger than Hungary’s role in milk production in Europe. The subsidies can be used to you support dairy farmers and pig producers.
The government has decided that since the first of January a Vat reduction will take place in the pig sector and an additional 8.5 billion HUF support package will also be launched, so the extra support will be given to the dairy farmers. (MTI)
Related news
Fresh milk sales have turned into losses – GVH graph highlights
A new and previously overlooked issue has come to light…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Why is private label milk selling out so quickly? The irrationalities of margin caps in the dairy market
The situation of private label dairy products on the shelves…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >