Saturday, November 19, 2016

Agriculture : new devices support Boursier.com

(Boursier.com) — Stéphane Le Foll (Minister of Agriculture, Agri-food and forestry, Government spokesperson) has introduced new measures of support to farmers in difficulty, and markets. The Minister has indicated that, despite the increase in the price of milk paid to the producer, it remains “attentive to the situation of the sector”. Stéphane Le Foll announced the payment of 1,000 euros to all milk producers in difficulty by the end of the year.

For the beef industry, which suffers from market prices remain low, the minister announced the establishment of a flat-rate aid of eur 150 for the marketing of young male bovine animals of a meat breed or mixed of weight less than 360 kg marketed in January and February 2017. The objective of this measure is to limit the amounts on the market to begin a rebound of course.

In a logic of securing exports to Algeria, Egypt and Lebanon, the Minister indicated that an insurance scheme to short-term credit for export of agricultural products and food to these countries was effective since the beginning of the week.

Finally, concerning the loan guaranty debt restructuring or reconstitution of the working capital fund implementation within the framework of the Covenant of refinancing and consolidation of agriculture, the minister has decided to postpone the time for filing a request to support the guarantee by the State of December 31, 2016 march 31, 2017.

— ©2016, Fellow.com

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