Italy: Thirty million for corn, legumes, soy, buffalo milk and sheep meat supply chains

Published Apr 1, 2022

Tridge summary

The article announces a revision of the 'Fund for the competitiveness of supply chains', which has allocated an additional 30 million euros for the next three years to support maize, vegetable protein, sheepmeat, and buffalo milk supply chains. The Fund aims to boost the competitiveness of the agricultural and agri-food sector, promote supply chain contracts, and financially assist production adjustments and product innovation in these specific supply chains. The breakdown of funding includes 14 million euros for corn and 13.5 million euros for vegetable proteins, with additional subsidies for sheepmeat and buffalo milk processing companies. This move is designed to mitigate the economic impact of Covid-19 on these sectors.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This was announced by Giuseppe L’Abbate, M5S exponent in the Agriculture Committee "With the publication in the Official Gazette of the revision of the 'Fund for the competitiveness of supply chains', an additional 30 million euros are allocated for the next three years for the maize, vegetable protein (legumes and soy), sheepmeat and buffalo milk. The Supply Chain Fund, envisaged by the 2020 Budget Law, favors the competitiveness of the agricultural and agri-food sector, the development and investments of the supply chains, enhances supply chain contracts in the maize and vegetable protein sector, supports and seasonally adjusts production in the sheep supply chain, the processing and marketing of sheepmeat as well as supporting and enhancing the buffalo milk supply chain as a result of the spread of Covid-19 ». This was announced by Giuseppe L’Abbate, M5S exponent in the Agriculture Committee. Resources allocated by supply chain Corn and vegetable proteins "With this provision ...

Source: Terraevita