Italy opens a support scheme for the veal sector

Published 2020년 10월 14일

Tridge summary

Starting October 8, Italian livestock farmers can apply for financial support to mitigate the effects of the corona crisis, with a total of 90 million euros available. This includes 20 million euros specifically for the veal calf sector. The aid ranges from 110 euros for calves under 8 months slaughtered between March 1 and June 30, with a cap of 100,000 euros per company. Additionally, 15 million euros is allocated for the private storage of veal, with 1,785 euros in aid per tonne of product stored for up to 90 days. The aid is limited to meat from animals raised and slaughtered in Italy.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From October 8, livestock farmers in Italy can apply for financial support for the consequences that the corona crisis is having on their farms. A total of 90 million euros is available under the scheme, of which 20 million for the veal calf sector. The scheme provides for an amount of EUR 110 in aid received for calves under the age of 8 months slaughtered in the period from 1 March to 30 June 2020. There is a maximum support amount of 100,000 euros per company. In addition to veal calf farmers, cooperatives or integrations can also apply for support. In addition to direct payments to veal calf owners, the Italian government is also making EUR 15 million available for the private ...

Source: Agri Holland