New EU deal is great news for Irish dairy sector – Deering

18th July, 2016

 

Fine Gael Carlow Kilkenny TD, and Chair of the Oireachtas Agriculture Committee, Pat Deering, has said that a new EU deal worth €11.1 million is great news for the Irish dairy sector.

“A new aid package for the EU Agriculture sector, with particular emphasis on the dairy sector has been agreed at €500m on an EU wide basis. Ireland is to receive €11.1m million in the package which is great news for Irish dairy farmers.

“The way the overall package is structured is also very beneficial to Ireland. €350 million is for a conditional adjustment aid measure to be implemented by EU Member States, while €150 million is for an EU wide measure to support voluntary reduction in milk production. Despite strong pressure from other Member States, Ireland’s views in relation to supply management are well known and we did not want this package to be focused exclusively on production discipline.

“Minister Creed has argued strongly that the maximum possible flexibility needs to be given to Member States and I support this call. The Minister has said that while we still await full details, the flexibility indicated by the Commissioner to provide liquidity support to farmers is welcome.

“It is also extremely positive that the Commission has responded to demands from Ireland and others for the extension of public intervention for Skimmed Milk Powder and private storage aid schemes to February 2017.

“This EU aid package also includes provision for advance payment of key farm support payments which will be very beneficial for Irish dairy farmers. The payment of up to 70% of direct payments and 85% for area based RDP payments from October 16th of this year will provide further relief to farmers experiencing liquidity issues.”