Banks finally see the value of our farming industry
Are the bankers finally realising the potential of the farming sector?
The fact that Richie Boucher swapped the swanky surrounds of Dublin 4 for some face time with farmers at Corrin Mart last week is noteworthy.
The Bank of Ireland supremo was the main attraction for Bank of Ireland's agri conference which was held at the Cork Marts Co-Op headquarters last week.
Entitled '2020 Vision, Opportunities in the Dairy and Agri Food Business', the focus of the conference was obviously on the expected expansion in the dairy sector.
That close to 600 farmers showed up for the event confirms not only the drawing power of the said Mr Boucher but also the hunger that exists in the farming sector for solid financing arrangements.
In his speech Boucher told farmers that the bank had the capital, the funding, the infrastructure and the strategic need to support Irish farmers.
That is good news and will be welcomed by farmers.
However, I wonder if the experience of farmers dealings with banks at the moment is all that positive.