IFA president, Tim Cullinan, has welcomed the announcement from Minister Dara Calleary on the details of the Beef Finisher Payment scheme, as reported by us here.
€50m had been announced in June in recognition of the difficulties that beef finishers had endured because of Brexit and COVID-19 disruption.
Cullinan stated that it is crucial that the money is paid to farmers as soon as possible and that the full €50m is spent.
“There should be a provision to increase the payment per animal if there is any underspend,” he said.
‘A significant boost’
IFA national livestock chairman, Brendan Golden, encouraged farmers to apply once the scheme opens in two weeks’ time on August 19th.
“The scheme will apply to farmers who had cattle slaughtered between February 1st and June 12th.”
“It’s expected the payment will be in the region of €100 per head. This will be a significant boost for the autumn cattle trade,” he concluded.