Cattle ranchers report major sector losses
The head of the Cattle Breeders Coalition revealed that the sector is suffering significant losses due to the Ministry of Agriculture's lack of commitment to the long-term milk localization plan. This is compounded by the continued import of large quantities of long-life milk and Halloumi cheese, leading to a decline in local milk prices and accumulating losses for farmers. Several factories have had to shut down, despite a prior agreement to reduce imports by 20% annually.
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