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Spain Sets $355M to Ease Livestock Drought Crisis

Spain Sets $355M to Ease Livestock Drought Crisis

September 17, 2023
Spain Sets $355M to Ease Livestock Drought Crisis

The drought in Spain

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Amidst an intensifying drought crisis, Spain’s Ministry of Agriculture, Fisheries, and Food (MAPA) has announced a decisive measure. Beginning next October, a substantial sum of €355 million will be mobilized in the form of direct aid, intended to alleviate the drought’s severe impacts on livestock breeding.

In a crucial meeting held at MAPA headquarters, General Secretary for Agriculture and Food, Fernando Miranda, informed various agricultural organizations and food cooperatives of the impending aid disbursement, as reported by Spain’s leading newspaper, El Mundo.

Additionally, the meeting unveiled a payment schedule for exceptional drought aid targeting agricultural sectors, boasting a budget of €357.7 million. This aid is slated for release before January 31, 2024.

The backdrop of this financial move is Spain’s grappling with a devastating drought wave. Notably, the drought has plummeted the production of olives in Malaga by a staggering 60% from its usual yield. This significant decrease hints at a potential surge in market prices. The nation has experienced a dip in table olive production, a scenario exacerbated by scarce rainfall and heightened summer temperatures, as further elaborated by El Mundo.

Fernando Fernández Tapia, the Regional Delegate for Agriculture, Fisheries, Water, and Rural Development for the Andalusian Council in Malaga, offered a silver lining amidst the crisis. He asserted that despite the drought characterizing this season, the quality of the produced olives remains exceptionally high, boasting numerous nutritional properties making them extremely healthful.

Spain’s proactive stance underscores the significance of resilient agricultural practices and timely interventions, especially in an era where climate change increasingly challenges traditional farming methodologies. The nation’s endeavor serves as a testament to the importance of adaptive and strategic planning in agriculture, ensuring both economic stability and food security.

Tags: droughtlivestockSpain
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