Pig farmers complain about government aid
Representatives of pig farmers are not fully satisfied with the package of measures announced on July 19 by the Ministry of Agriculture. Despite having been given an extension by the government on their debt repayments and getting new lines of finance, they are calling for the inclusion of meat in the Minimum Price Guarantee Program (PGPM).
However, the government chose two auction options: the Premium for Product Transport (PEP) and the Payment to the Producer Equalizer (Pepro) - which allows animals to be transported to regions to meet demand and get the best prices. The measure aims to support the sale of 76,000 tons of hogs, in an investment of R$ 30.4 million. Farmers will get R$ 2.30 per kilo, and if the price drops below this value, they may claim a subsidy of up to R$ 0.40 per kilo.
Information provided by Valor Econômico