China: Tianjin provides real money to help alleviate difficulties and promote the dairy farming industry

Published 2024년 12월 17일

Tridge summary

The dairy industry in a city has been facing challenges such as an increase in raw milk supply, decreased consumption of dairy products, and a decrease in milk prices, leading to a decline in the number of dairy cows and loss-making operations. In response, the Municipal Finance Bureau and the Municipal Agriculture and Rural Department have implemented measures to subsidize the storage of silage corn, providing financial support to dairy farming companies. Additionally, the city plans to continue support measures such as interest subsidies for facility agriculture loans to improve production facilities and reduce costs. The Municipal Finance Bureau will also strengthen supervision and service measures to ensure the implementation of subsidy policies and support dairy companies in overcoming difficulties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of this year, affected by factors such as increased domestic raw milk supply, sluggish dairy product consumption, and continued downward trend in milk prices, the city's dairy industry has faced multiple difficulties, including a quarterly decline in the number of dairy cows in stock, an inverted cost of raw milk, and loss-making operations on the breeding side. The Municipal Finance Bureau actively cooperated with the Municipal Agriculture and Rural Department to go deep into breeding companies and dairy companies to diagnose the city's dairy industry, and promptly implemented a series of powerful measures such as the subsidy policy for the comprehensive utilization of crop straw (corn silage feed), providing "real money" support for dairy farming companies, promoting the stable and healthy development of the dairy farming industry, and ensuring the stable production and supply of the "vegetable basket". Silage is the "food" for dairy cows throughout the year. ...

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