Spain receives more than 28 million euros in aid for private storage of olive oil and livestock products

Published 2021년 9월 24일

Tridge summary

Spanish olive oil producers have received 27.4 million euros in aid for private storage of olive oil, following 134 offers that made up 95% of the EU's offers, aiming to withdraw olive oil from an oversupplied market. Additionally, the EU allocated an extra 1.04 million euros in aid to the livestock sector in Spain, supporting the storage of products like beef, sheep and goat meat, cheeses, skimmed milk powder, and butter, as a response to COVID-19 restrictions. The aid ranged from 50% to the planned total in Europe, with Spain requesting a significant share of the cheese storage aid.

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Original content

Spanish producers have received 27,376,654 euros in aid for the private storage of olive oil, after accepting, between the end of 2019 and the beginning of 2020, 134 storage offers, which meant 95% of the offers presented in the group of the European Union, for a quantity of 196,395 tons. Likewise, the European Union allocated extraordinary aid worth 1,044,454 euros for the livestock sectors, which in 2020 resorted to private storage of different products as a result of the restrictions derived from the health crisis of COVID-19. These data are derived from the reports prepared by the Spanish Agrarian Guarantee Fund (FEGA), of the Ministry of Agriculture, Fisheries and Food, where these measures are explained in detail, once the management and payment of these aids has been completed. The reports can be consulted at the following link: https://www.fega.es/es/noticias OLIVE OIL The high availability of olive oil in the community market at the end of 2019, together with the ...

Source: Castilla