Government plans to top up €14m EU aid fund to help pig and dairy farms
Taoiseach Enda Kenny has signalled that the Government may top up the €14m EU aid fund to help crisis-hit dairy and pig farmers.
There are major concerns over a steep fall in milk prices after the removal of the quota production restrictions.
Yesterday at the National Ploughing Championships, Mr Kenny said the drop in dairy prices was a global issue for agriculture.
"There are responses to that in terms of a European fund of €14m and the effort to possibly top that up from our own resources here in Ireland as well," he said.
"The dairy forum will meet shortly to work out a system on how best to distribute it."
Agriculture Minister Simon Coveney said there were measures under way to help dairy farmers, with market intervention to improve prices and the advance payment next month of €750m payments to all farmers.
"Because we understand why dairy prices are weak at the moment, we know they are likely to improve next year.
"This is about getting farmers through a temporary price difficulty, which we are doing to ensure they can grow and expand and have good incomes again next year," he said.