Pig farmers and poultry farmers in Bulgaria turned to Minister of Economy for help

Published 2021년 8월 30일

Tridge summary

Bulgarian pig and poultry sectors are grappling with a crisis due to disease outbreaks, declining market conditions, and increased raw material and feed prices. Producers have met with the Minister of Economy to request state support and updates to the budget. The sectors face threats of bankruptcy and inactivity, and producers are prepared to protest or refer the issue to European institutions. The Minister has expressed readiness to assist and has approved a proposal related to public procurement lists. The Bulgarian Development Bank has committed to prioritizing working capital loans.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In recent months, producers in the pig and poultry sectors have sounded the alarm several times about the crisis they are currently facing. Due to the lack of measures to resolve the complex situation, however, and with another attempt to be heard today, they sought a meeting with the Minister of Economy Kiril Petkov. Both sectors are facing serious difficulties and a financial crisis caused by outbreaks of diseases such as ASF and avian influenza in the country, as well as deteriorating market conditions and reduced consumption of animal products due to the spread of the COVID-19 pandemic. The problems faced by those employed in the Pig and Poultry sectors are homogeneous and relate to the increased prices of raw materials and feed by between 30 and 70% in recent years, sales below cost, lack of sufficient and timely state support. . Those employed in the sector insist on updating the budget and notifying new state aid schemes within the current calendar year, introducing new ...
Source: Agroplovdiv

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