Over 2,600 approvals have been issued under tranche 12 of the Targeted Agriculture Modernisation Scheme (TAMS).

There were a total of 5,839 applications received under tranche 12 with 2,630 approved so far, latest figures from the Department of Agriculture, Food and the Marine (DAFM) show.

Minister for Agriculture, Food and the Marine, Martin Heydon recently confirmed that ranking and selection (RASS) will apply for this tranche.

The system of ranking and selection of applications will work on a "differentiated basis", with the farm safety and nutrient storage schemes within TAMS seeing the highest rates of selection.

RASS

Under tranche 12, 4,039 applications in total have been selected under the RASS system.

The scheme with the highest number of applications was the Animal Welfare and Nutrient Storage Scheme with 1,709.

1,405 applications have been selected under RASS, with 806 approvals issued so far.

The Farm Safety Capital Investment Scheme received the second highest number of applications in tranche 12, with 1,399.

952 approvals have issued so far.

Tranches 10 and 11

4,452 applications were received to tranche 11, with 2,852 approvals issued so far.

There were 7,905 applications made for tranche 10.

5,694 approvals have issued so far.

Budget 2027

Key schemes like TAMS have been prioritised in Budget 2027.

The TAMS budget for 2027 will increase to €93.35 million.

According to the Minister Martin Heydon, this represents "the largest ever annual budget allocation in on-farm investment by my department".

There will be a particular focus on nutrient and slurry storage, with applications for nutrient storage to be prioritised as a result of the new allocation.