Transferring a portion of farmers subsidies to animals that are processed through the meat plant

There will be a number of benefits with the main ones being,

1. Providing an incentive for farmers to increase production as some subsidy will be connected to the products so increasing the agricultural industry and Island economic activity

2.  The saving of the government subvention that is currently required to suport the meat plant as throughput will increase to become efficient again as it was before the subsidies were disconnected from the products. Employment at the plant will also increase.

 

 

Why the contribution is important

There has been a subvention cost of £1.4 million required for 2016

Throughput of cattle through the plant has fallen from 7,980 in 2007 to 3,185 in 2015

by davidmoore on May 14, 2017 at 11:45PM

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