Incentives for Farmers in Panama Approved
The Agricultural Competitiveness Trust will include in its budget allocations for breeders of beef cattle and milk cattle for the purchase of stallions, improved pastures, and other things.
Thursday, June 14, 2012
"The deputy minister of MIDA, Gerardino Batista, announced yesterday that sectors producing beef cattle and milk cattle will be incorporated for the first time into the Agricultural Competitiveness Trust (Fideicomiso para la Competitividad Agropecuaria in Spanish), which provides incentives in areas such as the purchase of stallions, improved pastures and other things limited to the amount of $100,000", reported Panamaamerica.com.pa.
Lack of livestock traceability is preventing access of meat to the European market, for which there is a quota of 9,000 tons.
Panamanian farmers plan to export 15,000 veal calves per year to Mexico and are preparing to send thousands of heads to Costa Rica.
The herd consists of 648,929 females producing milk and meat, according to a report by the National Animal Health Service.
The drastic decrease in the number of livestock has generated a significant increase in imports of cattle in order to satisfy the demand for beef.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar