14:43 16 April 2013
What do weather and finances have in common? If you’re a farmer in Wales, they are directly related. Severe weather that buried herd animals in snowdrifts has caused a number of animal deaths. For famers who depend on herd animals to keep their business finances successful, this has created a drastic setback.
Farmers have requested aid above and beyond the normal Common Agricultural Policy, but their financial pleas have been rejected by the Natural Resources and Food Minister. While farmers have continued to try and press their case, there are a few routes which could prove more successful to their cause.
Farmers will need to be thorough and will need to focus on the financial aspects of the loss in order to impress a level of severity upon government entities. The fact that the financial repercussions of this event will not be limited to the farmers should also be carefully considered by the Natural Resources and Food Minister.
Financial setbacks within any type of farming profession can greatly affect the economy, and farmers will be forced to raise their prices in order to compensate for the loss which could result in lower sales, perpetuating a vicious cycle.
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