1000 farmers to leave pig industry
NEARLY 1000 pig farmers will leave the industry through the Pig Industry Restructuring Scheme – Outgoers Mark 2.
The Meat and Livestock Commissions reports that 63% of the 800 claims made were successful, far higher than under the first outgoers scheme.
The higher success rate is due to bids being tendered at a lower level, says the MLC. In total 57,916 sow places were accepted, just exceeding the £5m budget.
The highest bid accepted under the second scheme was £190.42/sow place, compared with £237 in the first. Applicants will receive 60% of the amount they tendered. *