Support at Hand for South African Dairy Producers
SOUTH AFRICA - Dairy producers in KwaZulu-Natal have been given support following a meeting with representatives from the major financial institutions as well as input suppliers, under the auspices of the Milk Producers' Organisation (MPO) in Pietermaritzburg on 13 November.
26 November 2008
1 minute read
The aim of the meeting was to discuss possible ways of assisting dairy producers during these difficult times.
The recent 50 cent per litre decline in the producer price of milk, combined with continuing increases in input costs, are threatening the survival of dairy producers in KwaZulu-Natal and elsewhere in the country.
In an unprecedented show of support, the majority of these institutions declared their commitment to the dairy industry and agriculture as a whole, by offering to assist producers in need by means of tailor-made bridging or so-called "rescue" packages, with the aim of ensuring continued and sustainable food production.
These packages will be subject to normal scrutiny and must be supported by the necessary documentation.
The banking sector used the opportunity to invite any farmer who feels that he or she might need assistance, to contact them as soon as possible to discuss their particular situation.
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