The National Government launched credits in kilos of young bull to increase livestock stock

With the aim of adding financing tools that promote an increase in livestock stock nationwide, the National Government today launched a new financing line in product value through BICE (Investment and Foreign Trade Bank) for the purchase of heifers, heifer retention, and working capital for feed. The announcement was made this afternoon at the Palermo Rural Exposition by the head of the financial entity, Maximiliano Voss, along with the Secretary of Agriculture, Livestock and Fisheries of the Ministry of Economy, Sergio Iraeta, and other authorities. The new loans are aimed at consolidating the genetic base and increasing the productivity of the national livestock sector in the medium and long term. To this end, the purchase of heifers to be served or pregnant will be financed to increase the volume of breeding females - up to 30% of the declared stock - and the retention of heifers destined to become future mothers, avoiding their premature sale - up to 20% of the declared stock. ...