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New Commissioner McGuinness asked to look at “extravagant” interest rates banks charging on farm loans and finance


The President of ICMSA, Pat McCormack, wished Mairead McGuiness well in her new role as EU Commissioner for Financial Services, Financial Stability and Capital Markets Union and said that it is absolutely essential that in her new role as Commissioner she plays her part in ensuring the best possible outcome for…

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Pre Budget

ICMSA’s McCormack says farming and food sectors “effectively rudderless”


The President of ICMSA has said that the Irish priority now must be to retain the Trade Portfolio within the EU Commission and that could only happen if the Government nominates someone with the requisite skill-set and a record of political and negotiating achievement.   Mr. Pat McCormack said that there…

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ICMSA say “National Interest” dictates that Hogan remains Commissioner


Commenting on the calls for the resignation or sacking of EU Commissioner for Trade, Phil Hogan, the President of ICMSA has warned against what he called “cutting off our Brexit nose to spite our Covid face”.   Pat McCormack said that it would strategically self-defeating and self-indulgent for the Government…

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ICMSA say farmers will learn of Calleary resignation with “disbelief” and say replacement Minister must be appointed “immediately”


The President of ICMSA said that farmers will learn of Minister Calleary’s resignation with something approaching disbelief. Pat McCormack said that it was unacceptable that the state’s biggest indigenous economic activity was without cabinet representation and that must be rectified immediately. Mr McCormack said it was difficult to remember a…

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Lakeland Milk Price Increase Welcome – ICMSA.


The Chairperson of ICMSA’s Dairy Committee, Mr. Gerald Quain, has welcome the decision of Lakeland Dairies to increase its milk price to 30 cents per litre which is in line with market returns.   The reality is that dairy markets have recovered from the Covid-19 shock and the minimum milk price…

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Proposed EU Brexit Fund A Welcome Development. – ICMSA.


Responding to the announcement today (Friday, 10 July) by the President of the European Council in relation to Covid-19 Recovery Fund, the President of ICMSA, Mr. Pat McCormack said ICMSA welcomed the inclusion of a proposed €5billion Brexit Reserve Fund which is absolutely essential in the context of the next…

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Significant market trends must lead to milk price increase – ICMSA


Speaking following the latest auction in the Global Dairy Trade, Mr. Gerald Quain, ICMSA Dairy Committee Chairperson has said that the increase of 8.3% is very significant and vindicates ICMSA’s view that there is significant positive momentum in the dairy market at present.   It also shows that price increases must…

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“No Doubt” in ICMSA on ability of factories to pay more for beef


The Chairperson of ICMSA’s Livestock Committee has said that he had “no doubt” that factories should be paying more than they are at present for cattle: “The number of finished cattle will tighten going forward. As of 1 May 2020, the number of male cattle over 12 months of age is…

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Cows & Farm Background at Icmsa

Milk price expected to hit 30cpl for June


The Chairperson of ICMSA’s Dairy Committee has stated that dairy markets have again moved forward during June with all the statistics pointing to improved returns from the marketplace and, on that basis, all Co-ops should be at least paying 30 cents per litre for milk supplied in June.  Ger Quain…

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ICMSA query Tesco jubilation on surge in steak sales


The President of ICMSA has said that the announcement by Tesco that the sales of steaks in their outlets had “rocketed” by 40% during the COVID lockdown was very interesting but not for the reason that Tesco imagined.   Mr. Pat McCormack said that no single piece of data illustrated…

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