You can apply for EU compensation for grain imports from Ukraine from October
From October 1, farmers can apply for EU compensation for grain imports from Ukraine, Minister of Agriculture István Nagy announced. He added that the ministry determined the terms of use of the symbolic amount of EUR 15.9 million in compensation awarded for the treatment of market difficulties, taking into account the targeted use.
The minister explained that those farmers who, based on their uniform area-based support application, had a maximum of 500 hectares of approved agricultural land in 2022, and within that, received support for a maximum of 100 hectares of corn-growing land, are entitled to compensation. The grant application can be submitted to the Hungarian State Treasury between October 1, 2023 and October 15, 2023, according to the guidelines published on the MÁK website. The compensation will be paid by the end of this year, he added. He explained that the affected farmers must prove that they sold at least 10 tons of corn in the period from May 15, 2023 to September 15, 2023. The compensation per hectare was defined as the quotient of the 15.9 million euro frame amount and the corn production area approved for all applicants who fulfilled the conditions, explained István Nagy.
Ukrainian grain is causing problems for several countries
The head of the ministry emphasized that the large amount of incoming Ukrainian goods caused serious losses to farmers in the member states neighboring Ukraine due to sales difficulties, pressure on market prices and increased storage costs. Following the joint action of the affected member states – Bulgaria, Poland, Hungary, Romania, Slovakia – the European Commission decided on a partial, symbolic compensation. The European Commission distributed a total of 100 million euros among the affected member states in proportion to their agricultural areas, the minister underlined.
AM
Related news
Nébih Farm welcomes visitors at a new location
The National Food Chain Safety Office (Nébih) has opened its…
Read more >The Ministry of Agriculture has issued a notice on the use of ENAR data in support policy
In the case of animal-based subsidies financed from EU funds,…
Read more >Farmer-centric agricultural policy after 2027 receives unanimous support
The EU member states’ agriculture ministers have adopted Council conclusions…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >