Business

HPK: Livestock and Milk Production Sectors Face Collapse Without Speedy Measures

By 10 September 2021
HPK: Livestock and Milk Production Sectors Face Collapse Without Speedy Measures
Pixabay

ZAGREB, 10 Sept 2021 - The Croatian Chamber of Agriculture (HPK) said on Friday that without concrete and swift measures from the government livestock and milk production would collapse. 

The HPK announced that next week it would again organise meetings of all six committees relating to the livestock sector to examine the situation and propose urgent measures to prevent a collapse of livestock and milk production.

This year has been extremely hard for livestock farmers, whose position on the national and common market is currently affected by the adverse impact of the COVID-19 crisis, the HPK said.

"This year has seen a dramatic rise in prices of raw materials on the global market, including in Croatia. Livestock farmers have seen their costs rapidly increasing since the start of the year, while at the same time they have been selling their products below the asking price because on the common market commodities are offered at dumping prices because of surpluses caused by the COVID-19 crisis," HPK president Mladen Jakopović said.

He added that the structural problems in the national livestock sector and the sharp rise in input prices were compounded by a drought and, in some areas of the country, by the consequences of last year's earthquakes.

A study by the Osijek Faculty of Agrobiotechnical Science has shown that input prices, notably the cost of animal feed, had accounted for about 50% of material costs before their jump in 2021, while currently they exceed 70% in certain sectors. This has resulted in higher prices of cereals, processed cereals and animal feed as well as in losses to the livestock sector.

For more on business, CLICK HERE.

Search