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As a result of the COVID crisis (disorganization of international transport, inflation of agricultural inputs and raw materials, especially for use in animal feed) as well as the emergence of African swine fever in Europe (causing a supply surplus), the French swine industry is facing the largest price decrease and cost increase in the last 30 years: the price paid to the producer has fallen by 14% in one year for the average farm while costs have risen by 27%. Losses in the sector are reaching unprecedented levels: 440 million € losses in one year according to the interprofessional, and nearly a quarter of pig farmers have reached critical thresholds of short-term debt that no longer allow them to meet current expenses, nor to benefit from additional short-term bank loans. At least 30% of French pig farmers risk going out of business by 2023.
Faced with such a situation, the government and the sector have come together to define a concerted roadmap, in which all stakeholders formally commit to helping the pig industry overcome the crisis and set structural and transformational objectives for the industry.
To this end, the Government has announced a rescue plan for a total amount of up to 270 million euros, which includes, among other aspects:
Emergency aid of up to 75 million euros in the form of a check for an amount of €15,000 for pig farms with severe cash flow difficulties. This aid will be deployed within fifteen days.
Structural aid, backed by a commitment to contract under Egalim2, for a maximum amount of 175 million euros, which will complement the compensation for losses on pig farms, according to criteria and modalities to be specified in consultation with professionals.
PigUA.info by materials pig333.com