Payments of around €50m are due to farmers from the Department of Agriculture, according to the IFA.

It says in the coming weeks the Department will issue a 3% balancing payment to all farmers and this will be followed by the Financial Discipline/Crisis Reserve Fund and unused National Reserve Funds.

IFA estimates the total amount due to farmers in June will be around €50m.

With more than 100,000 farmers having applied for the Basic Payment Scheme online, out of a total of 130,000 by last Monday’s closing date, IFA Deputy President Richard Kennedy has reminded farmers that they have until May 31 to amend their applications, if necessary.

At a recent meeting between IFA and the Department of Agriculture, it was pointed out that farmers who have made an application online will automatically qualify for the new pre-checking arrangement as part of CAP simplification.

Where there is a problem farmers will be notified online and via text message before June 13. Farmers will be given a week to respond. Files and applications may be rectified without any penalty.

At the recent meeting with the Department Richard Kennedy requested a 70% advance of the BPS in October next to deal with the serious income crisis that most farmers are experiencing in 2016.

The IFA Deputy President said, the Department has indicated that final 2015 statements will be issued by the end of May.