15 Jun 2023, 19:49

Price Selling Cooperatives raise minimum price selling rate by 6%
Today the Price Sellling Cooperatives members voted to raise the Minimum Price Selling Rates on crops and livestock produce by 6% the inflation increase +1% they are allowed to increase it in law. The Price Selling Cooperatives part of the agricultural unions raised the price in order to keep their business sustainable. The new price rise is much less than the 15-30% proposed last year due to the law regulating price increases. Farmers are however increasingly campaigning for a removal of the law with the Moderate/Liberal/PSD coalition in charge to allow them to once again have free reign on setting price floors, this however has been confirmed as off the table by the Moderate Party and Liberal Party who are committed to a "policy balancing needs of farmers and consumers".