Dutch farmers set to get 29.9 million eurosStaff writer ▼ | September 16, 2015
Dutch farmers are set to receive €29.9m in extra EU agricultural subsidies, the Volkskrant reports. The money is the Netherlands’ share of an additional €500m being made available by Brussels to help farmers who have been protesting about low milk and meat prices.
Food production Russian boycott, low pork prices and tough rules on animal welfare
Rabobank, which is the biggest Dutch agricultural bank, said last week some 20% of the Netherlands’ 5,000 pig farmers are in financial trouble.
Milk farmers are also struggling because of the boycott and overproduction.
Last month, the national statistics office CBS said Dutch farmers are being paid 30% less for milk than they were a year ago.
Farm minister Sharon Dijksma said the money would be used to help both the milk and pig farmers. Agricultural ministers are currently finalising the details of the extra payment. ■