Uruguayan Producers Seek Extension on Calcar's $2.4 Million Debt
Source: dairynews.today
Uruguayan dairy producers are requesting an extension on the $2.4 million debt owed by Calcar. This debt has been pending since 2024, affecting numerous family-run farms.
Dairy producers impacted by the shutdown of Calcar's Colonia facility were recently heard by the Río Negro Departmental Board. The farmers, struggling with a $2.4 million debt fr om Calcar, are advocating for the extension of tax and credit deadlines.
Natalia Elduayen highlighted the significant debt issue facing the dairy industry, wh ere producers have not been paid for their supplies since November 2024. At that time, Calcar only managed to settle 70% of dues, escalating to full non-payment by February and March of the following year. With many of the affected being family-run farms, some have since redirected supplies to Conaprole or Alimentos Fray Bentos.
Meanwhile, others have resorted to artisanal cheese production as an alternative income source. Concerned about the situation, Ricardo de Izaguirre, President of Uruguay's National Milk Institute, emphasized the importance of financial support or debt forgiveness to keep producers operational and prevent reclassification of their business status. As the industry grapples with Calcar's closure, the viability of its remaining assets to settle outstanding debts remains uncertain.
Natalia Elduayen highlighted the significant debt issue facing the dairy industry, wh ere producers have not been paid for their supplies since November 2024. At that time, Calcar only managed to settle 70% of dues, escalating to full non-payment by February and March of the following year. With many of the affected being family-run farms, some have since redirected supplies to Conaprole or Alimentos Fray Bentos.
Meanwhile, others have resorted to artisanal cheese production as an alternative income source. Concerned about the situation, Ricardo de Izaguirre, President of Uruguay's National Milk Institute, emphasized the importance of financial support or debt forgiveness to keep producers operational and prevent reclassification of their business status. As the industry grapples with Calcar's closure, the viability of its remaining assets to settle outstanding debts remains uncertain.
