April 17, 2009
UK restore pig levy in April
A move to restore the levy paid to British Pig Executive (BPEX) by pig producers and processors to GBP1.05 has been given UK's ministerial approval.
The levy paid by producers was cut by 10 percent last year from 85 percent to 75 percent per pig slaughtered in response to the crisis faced by producers when they saw their feed costs rocket.
The re-instatement of the levy follows an industry consultation on the BPEX business plan for the coming year as part of the overall Agriculture and Horticulture Development Board (AHDB) business plan. The change took effect on April 6, 2009.
BPEX chairman Stewart Houston said that the cut was made in recognition of the difficult times the industry was going through.
Houstand said that the money will be used by BPEX to implement its strategy to help create a sustainable and profitable future for the English industry.
