ICMSA has appealed to the Minister for Agriculture, Food & Marine, Mr. Simon Coveney, to recognise that the arrangements for the upcoming payment of 2015 superlevy need to mirror the current difficulty in the dairy market and that as much flexibility as is possible must be extended to already very hard-pressed dairy farmers. Mr. Gerald Quain, Chairperson of ICMSA Dairy Committee, said that with milk price currently below the cost of production, farmers are already under severe financial pressure and will very definitely struggle to meet the superlevy bills that fall due in the peak months.
“ICMSA is calling on the Minister to seek an extension to the current three year-repayment period so that farmers can make the payment over a longer period and thus ease cashflow in 2016. It’s simply not going to be feasible for very many of those affected where we’re looking at low prices on top of the superlevy repayments. With milk being produced below the cost of production in 2016, we’re appealing to Minister Coveney to seek an immediate extension to the three year-repayment period and provide some level of relief to dairy farmers”, concluded Mr. Quain.
Ends 4 February 2016.
Gerald Quain, 086-3623041
Chairperson, ICMSA Dairy Committee
Cathal MacCarthy, 087-6168758
ICMSA Press Office