10/05/2009

USA: more subsidies for catfish farmers

The U.S. press is reporting about stimulus and recovery funds being provided to the embattled U.S. catfish fish farmers.
In the framework the American Recovery and Reinvestment Act of 2009, USD 50 million has been earmarked to subsidise aquaculture. Baitfish growers and catfish farmers are eligible if their 2008 feed costs were at least 25 percent of their total operating cost. They also are eligible if their feed costs are 25 percent above the average cost of feed from 2003-2007.
Here is a link to an article in the "Arkansas News":

http://arkansasnews.com/2009/05/06/stimulus-money-available-for-catfish-industry/

And here is a link to the Act (see Sec. 102. Agricultural Disaster Assistance Transition. (d) 2008 Aquaculture Assistance):

http://en.wikisource.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009/Division_A/Title_I

No comments: