A €340,000 support scheme aimed at assisting pig farmers affected by restrictions linked to foot and mouth disease has been approved by the council of ministers, the agriculture ministry said on Monday.
According to the ministry, the scheme will provide direct financial assistance of up to €54 per pig sent to slaughter, with a maximum payment of €50,000 per beneficiary.
The funding will come from the department of agriculture’s budget.
The plan aims to bolster liquidity in the sector, ensure the viability of pig farms, and facilitate a smoother production adjustment to market conditions.
Authorities expect it to maintain domestic supply and aid in market stabilisation.
Eligible beneficiaries include individuals or companies managing registered pig farms that participate in the annual Pig Farming Survey.
