A 10p cut in the pig levy has been announced as part of a strategy
agreed by the board of the British Pig Executive (BPEX) to help
the industry in its hour of need.
The one-year cut, which takes effect from April 1, reduces
the total levy paid by producers to 75p per pig slaughtered.
BPEX Board took a strategic decision to use reserves to
increase spending by £2.5m.
The extra money is
being spent on promoting the industry and building on the
continuing feed cost crisis campaign to maintain the momentum
built up so far aimed at getting a fair price for producers.
There is also a range of Knowledge
Transfer and Research and Development work including a £1.5
million PCV2 vaccination scheme which offers producers
vouchers for the vaccine.
BPEX Chief Executive Mick Sloyan said: "As
the industry is in crisis due to the huge increase in feed
costs, the board decided to use the reserves to provide
a direct benefit to producers in their time of need.
"We are aware of the magnitude of what we are trying
to achieve and will use every resource we have at our disposal
to assist the industry.
"The Board believes these initiatives will enhance
the range of activities already being delivered and this
is the best way BPEX can help the whole English pig industry
meet the considerable challenges ahead.
"The temporary reduction in the levy paid by English
producers has been approved by ministers and will come
into force from April 1 for the financial year 2008/09."
The total levy collected is currently £1.05, of which
85p is paid by producers and 20p by processors. From April
1 the contribution from English producers will fall to
75p per pig slaughtered.
As a result of the restructuring
of UK agricultural levy boards, from April 2008, pig levies
will be raised separately in Scotland and Wales by QMS
and HCC respectively.
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