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EU: Private storage aid for pigmeat comes into effect

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Starting tomorrow, operators will be able to apply for private storage aid for pigmeat.

24 March 2022
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The pigmeat industry has been experiencing serious difficulties for several months due to the marked slowdown in exports to China, the increasing spread of African swine fever to more Member States, the lingering impact of restrictions imposed by COVID-19, and the Russian invasion of Ukraine which has led to further market disruptions. As a result, there has been a sharp decline in export demand for certain products in the pigmeat sector.

In view of this situation, the European Commission has decided to grant private storage aid for pigmeat through Commission Implementing Regulation (EU) 2022/470 of 23 March 2022, which was published today and enters into force tomorrow, Friday.

The deadline for submitting applications is April 29, 2022. Applications will be for storage periods of 60, 90, 120, or 150 days.

March 24, 2022/ Official Journal of the European Union/ European Union.
https://eur-lex.europa.eu

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24-Mar-2022 oatlands1Can producers from the UK apply?
28-Mar-2022 info_283Ireland (R.O.I) is now the lowest pig price in the world when you strip away the V.A.T refund paid by revenue.
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