Payments are made to livestock keepers under several rights during the week
This week, a significant payment will be made in production-related subsidies to the sheep sector and dairy cattle farmers, totaling HUF 11 billion.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2022/12/piggy-bank-g88cbac0c3_1920-300x212.jpg)
(Photo: Pixabay)
This year – due to the drought, the drastic increase in the price of input materials and feed, and the less favorable credit financing environment – the role of advances and partial payments related to agricultural subsidies in the financing of agriculture increased. That is why it was important to ensure that as many people as possible receive a uniform payment, and that transfers can begin on all possible legal grounds, even after the production-related subsidies of livestock breeders and fruit growers.
The Hungarian government has created the conditions for the advance and partial payment of HUF 322 billion this year to increase the financial stability of agricultural producers and to finance the financial resources necessary for production. This week HUF 4.5 billion will be received in the form of production-linked ewes support for more than 5 thousand sheep farms and HUF 6.5 billion in the framework of dairy cow support for nearly 3,000 cattle farmers.
AM
Related news
In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >