Macra says it's found a way to fund a National Reserve this year
A decision on a 2017 National Reserve for young farmers and new entrant priority categories is imminent with farm organisations and the Department set to meet in the coming weeks on the issue.
Speaking ahead of the upcoming, Macra na Feirme National President Seán Finan said, having consulted with young farmers across the country we have identified a clear need for a 2017 National Reserve.
Finan also says Macra believe it have identified a mechanism to fund it which would avoid a linear cut to all farmers direct payments.
“This would involve distributing unused funds from the young farmers top up and recouping them to create a fund for a 2017 National Reserve for the priority categories of new entrants and young farmers," he said.
Finan said Macra na Feirme and young farmers are very clear that we have to get away from the stop- start nature of young farmer schemes and a 2017 National Reserve is vitally important for young farmers and their successful futures in the industry.
"Funding allocated to young farmer schemes should remain with young farmers. We look forward to engaging with Agriculture Minister Michael Creed, Department of Agriculture officials and the other farm organisations to discuss the finer detail."
In 2015 the National Reserve fund was based on a 3% cut to the Basic Payment Scheme financial ceiling and provided some €24 million in funding which was the maximum financing rate available under the relevant EU Regulations.
Some 6,300 farmers received an allocation of entitlements under the 2015 National Reserve.