16 May 2022

Lowry welcomes €7-million support scheme for pig farmers

Deputy Michael Lowry

Deputy Michael Lowry

Deputy Michael Lowry has welcomed news that Minister for Agriculture, Charlie McConalogue has revealed a €7-million support scheme for pig farmers.

The package is worth €20,000 to around 300 farmers and will be paid out to all finisher pig farmers who are members of the Bord Bia Quality Assurance Scheme.

The porcine sector supports up to 8,000 jobs in Ireland It has been absorbing steep losses on production for months. Rising feed and energy costs combined with low international prices have resulted in many farmers losing thousands of euro per week.

Minister McConalogue said: "Irish pig farm families are currently facing unprecedented challenges due to a combination of low pig meat prices and extraordinarily high input costs, due to international factors outside their control".

This €7 million scheme aims to provide emergency support to commercial pig farmers. It is an urgent, short-term response to assist producers that would be viable but for the extreme current circumstances and allow space for a more medium-term adjustment to market signals.

The fund of €7 million will be distributed through a flat rate payment of a maximum of €20,000 per pig farmer sending more than 200 pigs per annum to slaughter.

Last year, the value of pig sector food exports was €930m.

To continue reading this article for FREE,
please kindly register and/or log in.

Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.