Friday, May 24, 2013

Government To Give Nearly $200 Million to Mexican Ranchers

The government will provide 2.46 billion pesos ($199 million) in assistance to ranchers affected by droughts and freezes in Mexico, Agriculture and Ranching Secretary Enrique Martinez y Martinez said. The assistance will go to ranchers in several states, Martinez said in an address at the 77th National Ranching Organizations Assembly. Some of the funds will be used to guarantee loans totaling 5.7 billion pesos ($462 million), increasing total resources available for ranchers to 8.16 billion pesos ($662 million), the agriculture secretary said...more

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