With the rising cost of living and lack of funding, poultry, flower and pomelo farmers are hoping for incentives to be announced in the coming Budget 2024. Manjung Poultry Farmers Association chairman Datuk Tan Wooi Perng said he hoped the government would support the poultry industry and would announce interest-free loans in Budget 2024.
Tan said the interest rate is currently more than 3%, and poultry farmers are not making profits. “Due to the unpredictable weather, chickens are facing disease problems, their growth is affected and they are not putting on weight accordingly.
“We face losses and the high interest rate is not helping either. Cameron Highlands Floriculturist Association president Lee Peng Fo hoped the government would provide some form of incentives for fertilisers and chemicals used in the farms.
He said one tonne of fertiliser could cost between RM2,000 and RM4,000, and farmers required about three tonnes per month. “The rental of 0.4ha of land after Covid-19 has also been increased to RM4,500 from RM2,000 per year. Farmers usually have 1.2ha of land.
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