Dairy
'Farmers who applied to phase one of milk reduction scheme can expect to receive payment from the scheme within 90 days of the final date of the reduction period.'
Dairy farmers who participated in the EU Milk Reduction Scheme for the October to December 2016 period have until tomorrow, February 3, to return their completed application forms.
Calls for the Department of Agriculture and the dairy co-ops to facilitate the payment of the EU Milk Reduction Scheme monies with immediate effect.
The Voluntary Milk Reduction Scheme will not be made mandatory in the future, the Commissioner for Agriculture Phil Hogan has said.
Irish dairy farmers have sought €11m to reduce milk production during the final three months of the year under the EU's milk reduction scheme
Details of how Irish dairy farmers can apply for the EU voluntary milk supply management scheme were recently agreed in Brussels.
The Minister for Agriculture, has announced that his department will begin to accept applications for the Voluntary Milk Reduction Scheme.
Within days, a farmer application form and information helpsheet in relation to the EU Milk Reduction Scheme, already drafted by the Department, will be available for co-ops.
The French Government has provided extra funding to incentivise its dairy farmers to cut milk production in the coming months.
Farmers who fail to reduce milk production for the full amount offered (14c/L) under the EU's Voluntary Milk Reduction Scheme will be penalised.
More detail of the EU's new Milk Supply Reduction Scheme has emerged this week.
