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Hungary: Domestic poultry and pig farms received extraordinary support

Other Frozen Pork Cuts
Hungary
Published Oct 11, 2022

Tridge summary

An extraordinary EU agricultural crisis management package of 500 million euros was created in the spring to support the producers most affected by the consequences of the Russian-Ukrainian war - under pressure from the European Union member states, including Hungary. The Ministry of Agriculture then made the decision that due to the exceptionally high feed prices, the pork and poultry sectors that are in a particularly difficult situation may request support from the funds allocated to Hungary, which the affected farmers did in July.

Original content

The Ministry of Agriculture began its announcement by saying that domestic livestock keepers have to face many serious challenges. The price increase on the grain market, the Russian-Ukrainian war, then the energy crisis and the increase in production costs are all difficulties that significantly complicate the situation of the players in the sector, they said. The Hungarian Treasury paid HUF 4.2 billion to poultry farmers and HUF 2 billion to sow farmers under the title of exceptional adaptation support for poultry farmers. The purpose of the measure is to contribute to ensuring production conditions and thereby to the continuous maintenance of food safety and the management of market imbalances by partially compensating the exceptionally high production costs currently affecting the poultry sector. The right to use the subsidy is the poultry farmer who or in respect of which the legal basis for the subsidy exists on the basis of one of the following conditions: Within the ...
Source: Magro
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