Spain: The fruit and almond will stop billing 423 million due to frost

Published 2022년 10월 5일

Tridge summary

The Federation of Agricultural Cooperatives of Catalonia (FCAC) has warned of a potential economic crisis in the fruit and almond sectors, with an estimated loss of 423 million euros in turnover this campaign due to spring frosts. The frosts have led to a significant drop in production, causing widespread economic impact on cooperatives. The FCAC is seeking support from the Department of Climate Action and has expressed concern over being excluded from aid by the Ministry of Agriculture. The losses are projected to be 337.6 million euros for stone fruit, 39.9 million for apples, 33.7 million for pears, and 12.5 million for almonds. Additionally, 22 companies, including four cooperatives, have had to initiate regulatory procedures affecting 230 workers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Federation of Agricultural Cooperatives of Catalonia (FCAC) warns that the fruit and almond sectors will stop invoicing up to 423 million euros this campaign due to the fall in production caused by the frosts of last April. According to the president of the FCAC, Ramon Sarroca, the cooperatives will suffer a strong economic impact as a result of the inclement weather this year and its effects on the lack of product. Hence, they ask the Department of Climate Action to commit to supporting the sector to avoid a "major crisis" after numerous cooperatives have been excluded from aid from the Ministry of Agriculture, "with a very limited budget and the application deadline of which I just finished." In this sense, the FCAC estimates that the 423.6 million euros in turnover losses at processing plants, such as in cooperatives, are divided into 337.6 million ...

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