ASTANA, Kazakhstan, April 5. Deputy Minister of Agriculture of Kazakhstan Amangali Berdalin held a meeting of the working group on the development of beef cattle breeding, where participants discussed and proposed new approaches to subsidizing livestock farming, Trend reports via the Ministry of Agriculture of Kazakhstan.
In particular, members of the working group noted that it was proposed to increase the subsidy rates for beef cattle when sending calves to fattening farms or meat processing plants. Additionally, a stimulating program for sellers of breeding cattle was suggested to reduce costs in the breeding of young livestock.
"In sheep farming, a new subsidy program is being introduced for seasonal deliveries of lambs to fattening farms and meat plants during the winter-spring period. This will encourage businesses to achieve year-round, consistent lamb production and subsequent growth of young animals. This measure will help ensure stable supplies of quality mutton to domestic and foreign markets," stated the ministry.
Furthermore, plans are underway to reduce costs for breeding young livestock, and the support for fine wool and semi-fine wool sheep farming will be renewed, with compensation for the cost of wool sold for processing.
Moreover, as part of the implementation of President Tokayev's directive on transitioning from subsidies to accessible financing, new credit products with a fixed interest rate of no more than 5 percent per year have been developed. These will be aimed at replenishing working capital for fattening farms, meat processing plants, and agricultural commodity enterprises (ACE) for purchasing breeding livestock, which will be introduced in the near future.
The execution of these strategic support initiatives is designed to optimize the impact of the designated financial resources for the enhancement of livestock development.