82 Million Yuan Subsidy for Development of Beef Cattle and Mutton Sheep in Xinjiang
By CnAgri2013-12-18 09:34:02 PrintOn Dec. 8th, subsidy valuing 82 million yuan for development of beef cattle and mutton sheep in Xinjiang was allocated to all regions. For details:
1. For farms and related livestock enterprises which introduced fine ewes from other regions between early 2013 and Nov. 20th, subsidy is granted as follows: RMB500 per head in south Xinjiang and RMB300 per head in the other regions; for beef cattle introduced from other regions, the subsidy is RMB2000 per head.
2. For self-bred ewes, such as Duolang sheep and Hetian Sheep, whose growth rate exceeds 8% in south Xinjiang, the subsidy of RMB100 per head is one-time granted.
BOABC Insight: Xinjiang is one of the major production areas of beef and mutton. The subsidy movement indicates Chinese Government’s support to beef cattle and mutton sheep production has been carried out, which to a great extent boosts confidence of beef cattle and mutton sheep breeding industry. In BOABC’s opinion, however, the subsidy effort is still utterly not enough. Chinese Government’s support policy to cattle and sheep industry is come out too late. It still remains to be seen what the large scaled nationwide subsidy will be like and it is deeply doubtful if all the subsidy can be put into effect. In short terms, the subsidy policy is hard to prevent shrinking of China beef cattle and mutton sheep production. If all those problems cannot be solved, such as beef and mutton smuggling, water injected and adulterated beef and mutton, continuous decline of cattle and sheep, low breeding income etc., supply shortage condition of beef and mutton is unlikely to see improvement within 5 years.
From “China Livestock and Feed Market Weekly Report”
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