NewsWhore
09-11-2007, 04:40 PM
President Leonel Fernandez launched the Plan of Action for the Competitive Production of Milk, an alliance between the government and the milk producers. He said that increases in international dairy prices will represent an added charge of US$160 million. Milk prices are rising internationally due to rising energy costs, tight supply, and especially the rising demand. This is forcing the government to take measures to face the issue.
The plan will inject RD$271,197,000 to increase domestic milk output by 50 million liters, beginning this year. Fernandez has promised the sector funding for technical assistance, cooperation, and credit. Fernandez, in turn, has committed the producers to keep milk prices down.
The plan looks to supply the nation's demand for fresh milk and reduce the effects of rising international milk prices. The plan comes at a time milk consumption in China is increasing, increasing international demand and thus making local supply more important.
The DR imports 32 metric tons of powdered milk to compensate for shortages in local supply.
More... (http://www.dr1.com/index.html#2)
The plan will inject RD$271,197,000 to increase domestic milk output by 50 million liters, beginning this year. Fernandez has promised the sector funding for technical assistance, cooperation, and credit. Fernandez, in turn, has committed the producers to keep milk prices down.
The plan looks to supply the nation's demand for fresh milk and reduce the effects of rising international milk prices. The plan comes at a time milk consumption in China is increasing, increasing international demand and thus making local supply more important.
The DR imports 32 metric tons of powdered milk to compensate for shortages in local supply.
More... (http://www.dr1.com/index.html#2)