ANNOUNCEMENT 17 Apr 2020
April 17th, 2020 - A Japanese government agency announced a support scheme for cattle farmers struggling with the economic impact of COVID-19.
NUMBER OF INTERVENTIONS
Japan Agriculture and Livestock Industries Corporation, April 17th 2020. (肥育牛経営等緊急支援特別対策事業実施要綱)
Japan Ministry of Agriculture, Forestry and Fisheries, access September 30th, 2020. (肥育牛経営等緊急支援特別対策事業)
On April 17th, 2020, the Japanese Agriculture and Livestock Industries Corporation (ALIC) announced subsidy scheme to aid meat cattle farmers who experienced losses due to decreased demand from the COVID-19 pandemic.
Registered farmers who saw a drop in profits of 30% compared to the previous year and agree to actively participate in ALIC-certified cattle breeding programmes would be eligible for grants of between USD 186 and 464 (JPY 20,000 to 50,000) per head of cattle until the end of the scheme. At the time of writing (September 2020), no end of the scheme had been announced.
A total of USD 283m (JPY 30.531bn) was budgeted for the scheme.