Press Release: Pig sector: Commission proposes fund to stabilise income

Author (Corporate)
Series Title
Series Details IP/00/340 (6.4.00)
Publication Date 06/04/2000

The European Commission has adopted a proposal to assist pig farmers in coping with fluctuations in market prices. Member States would be authorised to establish a regulatory fund in their territory. The fund would be financed by producers and would enable them to stabilise incomes through a system of levies to be collected during periods when their economic situation is satisfactory. In exchange, payments would be made during periods of a difficult market situation . The proposal foresees the voluntary participation of pig farmers for a minimum period of five years.

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