Switzerland: Adoption of significant increases in the budget

Published 2021년 12월 1일

Tridge summary

The Swiss Parliament has revised the 2022 budget to include an additional support for the agricultural sector. This includes an increase of 8 million francs for the dairy industry to sustain the supplement of 15 cents per liter of milk used in cheese-making, and a allocation of 7 million francs to aid plant production, specifically sugar beets. This move aims to bolster the profitability of milk and sugar beet producers, addressing challenges in a partially open dairy market and issues with the pricing of domestic sugar due to the EU market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Parliament adjusted the 2022 budget in favor of agriculture. The Swiss Farmers Union (USP) believes that this decision will benefit in particular milk and sugar beet producers, whose sectors must fight to remain profitable (photo Agri). After the Council of States, the National Council also adopted an increase of 8 million francs for the supplements granted to the dairy economy, informs a statement of the Swiss Union of the peasants published Wednesday December 1st. Therefore, the supplement of 15 cents can continue to be paid for all milk processed into cheese. In a partially open dairy market, this decision lays the groundwork for further increases in the price of milk for more value added in production. With regard to aid for plant production, the National Council here also followed the Council of States, releasing 7 million francs in order to maintain at 2,100 francs per hectare the contribution to specific crops for sugar beets until 2026 and to strengthen the interest in ...
Source: Agrihebdo

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