Advance on Single Farm Payment will provide some relief to Farmers- Joe O’Reilly TD

Fine Gael TD for Cavan and Monaghan, Deputy Joe O’Reilly, has said that the decision from the Minister for Agriculture, Simon Coveney, to seek approval for a 50% advance on Single Farm Payments will come as some relief to farmers, who are in dire straits due to the continuous bad weather.

The Minister has confirmed that it is his intention to seek the approval of the EU Commissioner to allow the payment of a 50% advance of the Single Farm Payment. The payment this year is expected to be €1.3 billion, which would be shared among 130,000 farmers – an average of €10,000 per farm.

Minister Coveney is currently seeking approval from the EU Commissioner to allow for 50% of the Single Farm Payment to be paid in advance. I was reassured to hear this news. If this is approved, it will come into effect from October 16th, the first day of the new EU financial year and is the earliest payment date possible.

“Farmers are finding this summer extremely tough, the weather has been unseasonably bad. With high levels of rainfall and low levels of sunlight, a negative impact is being had on silage production. Farmers have had to move their cattle indoors and as a result are having to spend extra money on feed, something they would never normally do this time of year.

The advance will give famers a greater sense of security, making it easier to plan for the year ahead ease some of their cash-flow problems. Farming is such a vital employment source for Cavan and Monaghan and the recent weather conditions have hit farmers very hard. The 50% advance will go a long way to easing their peace of mind.

ENDS

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