Romania's peasant households sustain 2.8 million pigs, minister reports

Published Nov 20, 2024

Tridge summary

Florin Barbu, the Romanian Minister of Agriculture, has unveiled two significant investment programs aimed at rejuvenating the country's ailing pork sector, which has seen a decline and reliance on imports for most of its demand. These initiatives, launched on July 15, 2023, and allocated 63 million Euros for the improvement of pig and poultry breeding, aim to boost Romania's piglet production by over 1.5 million by March 2024. This is in line with Smithfield Romania's plans to increase its pig production to the same figure by 2026. Furthermore, the Ministry of Agriculture is developing a new program and ordinance to support pig farming, intending to fund 60 farms in 2025 and 2026, with project submissions expected in the later part of 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Investment programs to revive pork sector He also talked about programs targeting the pig breeding sector, underlining that his bet in the mandate he holds is to save the Romanian pork sector, a sector in continuous decline. "Two very important investment programs have been financed and launched as early as July 15, 2023 for 63 investment in the pig and poultry breeding sector. So, after the completion of these investments by March next year, our farmers will produce more than 1.5 million piglets in the breeding sector in Romania. (…) We no longer want to continue to import piglets at a very high price of more than EUR 125-130 when a piglet in Romania is produced for EUR 60. We want this money to stop leaving Romania and to remain in the farmers' accounts. And I repeat: saving the Romanian pig sector is my bet with the Ministry of Agriculture! If I will remain Minister of Agriculture for the next four years, my project is that the trade balance in pork should be zero", said Florin ...

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