Ireland

Irish beef producers to receive €50 million from the EU

Beef

IFA President Joe Healy confirmed that the European Commission has agreed on a Brexit beef package.

Posted on May 17 ,06:21

Irish beef producers to receive €50 million from the EU

Irish beef producers will receive a total package of €100 million, of which 50 million will be supported by the EU and the rest will de be covered by the government, announced IFA President Joe Healy.
Joe Healy said he spoke directly to Commissioner Hogan last evening and they met in Brussels on Monday in relation to the proposal IFA had put to the EU Commission and the Department of Agriculture in April, seeking a direct aid package of €100 million to cover Brexit beef price cuts.

“Beef farmers have suffered savage price losses due to Brexit uncertainty and it is a welcome development that the EU Commission has recognized this and responded to the IFA proposal,” he said

IFA National Livestock Chairman Angus Woods said that while the finer details of the scheme had to be finalized, it was vital that every cent goes directly to farmers. Woods is currently in Brussels to meet with EU Commission officials and members of Commissioner Hogan’s Cabinet to work through some of the details on the aid package. Irish beef producers and processors claim that uncertainties related to Brexit have caused losses of €100 million for the sector.

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