CO MONAGHAN FARMERS CAN BENEFIT FROM €50 MILLION BEEF FINISHER PAYMENT SCHEME

7 August 2020 No Comments by The Northern Standard

“This is a significant support for up to 42,000 farmers impacted by the economic effects of the Covid-19 pandemic,” stated Minister for Agriculture, Food and the Marine, Dara Calleary TD when announcing details yesterday, Wednesday of the Beef Finishers Payment (BFP), an Exchequer-funded scheme of €50 million to provide income support for up to 42,000 farmers with beef finishing enterprises who have been impacted by the economic effects of the Covid-19 pandemic.

Minister Calleary stated: “I am fully aware of the difficulties caused by Covid- 19 in the Irish beef sector and the consequences for those in beef farming and for the rural economy as a whole. Farmers with finished animals suffered from both reduced prices and other restrictions in getting animals to market. The closure of the food service market in Ireland, the UK and beyond has had a dramatic impact on the industry and in particular those who supply it to make their living.

“This targeted support for farmers who finished cattle during the period from 1 February to 12 June 2020 will help to mitigate the economic…

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