Japan: ALIC Releases Additional Details on Cattle and Dairy Supports
On April 20, Japan’s Agriculture and Livestock Industries Corporation (ALIC) announced additional details of the supports it will provide to cattle fattening operations and dairy companies as part of the $875 million it will receive in Japan’s COVID-19 supplementary budget. The dairy supports include incentive payments for dairy manufacturers to replace imported ingredients with domestic milk powder. In addition to the ALIC funding, the Japanese government is considering an additional $17.5 million to redirect excess milk to further processing.
Japan: ALIC Releases Additional Details on Cattle and Dairy Supports