IFA: Cut in basic payment will destroy incomes

Addressing the 66th IFA Annual General Meeting, the IFA President Tim Cullinan said that under current CAP reform proposals, farmers were facing a cut of up to 30% in their basic payment in 2023.

“Under the current proposals, up to 30% will be deducted from every farmers’ Basic Payment to fund so-called ‘Eco Schemes’,” he said.

Mr. Cullinan said that decisions due on CAP this year would define farming for he next decade because it is currently bringing €1.8 billion into the rural economy, which accounts for 77% of farm income.

An Taoiseach Micheál Martin addressed the AGM, where farmers raised concerns about the direction of the next CAP. The Minister for Agriculture Charlie McConalogue also addressed the meeting.

On Brexit, Tim Cullinan said the IFA is preparing a detailed submission on the €1.05 billion Brexit aid package.

“The Government has done a good job in securing over €1 billion from the Brexit fund.  Our sector has been the most exposed to Brexit, and farming has to get its fair share,” he said.