€2,060,264.53 for Cavan and Monaghan Farmers – O’Reilly TD

Fine Gael TD for Cavan and Monaghan, Deputy Joe O’Reilly, has today (Wednesday, December 11th), welcomed the announcement made by Minister for Agriculture, Food and Marine, Simon Coveney, in relation to payments under the Grassland Sheep Scheme and the Beef Genomic Scheme.

The Schemes, announced yesterday by Minister Coveney, will commence this week. The payments will see almost €35 million being issued to farmers in the beef and sheep sectors. Cavan and Monaghan farmers are set to benefit significantly from both Schemes.
“€267,213.25 has been allocated under the Grassland Sheep Scheme for Cavan. This will benefit 697 sheep farmers. 339 Monaghan sheep farmers are also set to benefit with a shared sum of €145,011.28. I welcome this funding as it will provide a very important and timely boost to support incomes in the sheep sector.”

“Sheepmeat production is the fourth most important animal enterprise in Ireland and a significant indigenous industry on over 40,000 farms. This is a hugely valuable export-orientated part of the Irish agri-food sector, supplying a high-value product to consumer markets throughout Europe. The industry is worth around €250 million to the Irish economy and over two thirds of the product is exported. The announcement in relation to the Beef Genomics Scheme will also be welcomed by Cavan and Monaghan farmers. 1,486 farmers in Cavan will share a sum of €970,240.00, while €677,800.00 will be divided among 1,028 beef farmers in Monaghan.”

“The use of genomics by suckler farmers will open up a whole new process for the selection of the best breeding replacement stock as the databank grows. This initiative will help to build a training population that can lay an initial foundation to place Ireland firmly to the forefront globally in beef genetics and help to reinforce the uniqueness of our offering on EU and world markets.” Genomics has already proved to be successful in delivering genetic improvement and profitability on the dairy side so there is no doubt that it will do the same for beef farmers too. The Minister is also proposing the provision of a six-year Beef Genomics Scheme as part of the Rural Development Programme with an overall budget of €300 million”.

“News of both the Grassland Sheep Scheme and the Beef Genomics Scheme should be embraced by farmers in Cavan and Monaghan. Farmers have had an especially difficult time during the recession. The economy is starting to recover but not everyone is feeling the effects just yet. The progress that has been made so far is a direct result of the decisions made by this Government. Minister Coveney’s announcement illustrates that the Government is committed to continuing to work hard for the farmers of Ireland.

ENDS

Senator Joe O'Reilly representing Cavan & Monaghan 2010. | An ExSite website