The President of ICMSA, Jackie Cahill, said that while recording the improvement of incomes in 2010, the Teagsc survey more accurately reflected the partial recovery of incomes following the disastrous year of 2009. As an example Mr. Cahill cited the statistic that had 2010 incomes showing a 92 per cent increase in average incomes relative to 2009 average income for dairy farmers; he pointed out that even after that jump in incomes, average dairy farmer income in 2010 was still €2500 less than average dairy farmer income for 2008. Mr. Cahill also noted out the decline in off-farm employment and the serious impact this will have on the farming and rural communities generally. The Government, in its drive for economic recovery, must not ignore the regional aspect of the recession and the ICMSA President said that Ireland still need a real regional policy to ensure balanced regional economic recovery when that materialises. "The importance of the Single Farm Payment is again highlighted and this demonstrates why the reform of CAP and the funding of the Single Farm Payment and other EU payments must remain a high priority for the Minister and the Government generally", concluded the ICMSA President.
Ends. 9 May 2011
Queries to Cathal MacCarthy, ICMSA Press Office, 061-314677 or 087-6168758