The Irish Farmers’ Association (IFA) has acknowledged the move by the Department of Agriculture, Food and the Marine (DAFM) to revise the costings for Targeted Agricultural Modernisation Scheme (TAMS), but added that “it doesn’t go far enough”.

IFA Rural Development Committee chairman, Michael Biggins said: “We are seeing an unprecedented rise in inflation, meaning the price of building materials such as steel and timber has soared.

“The old costings, which were updated as far back as March 2021, were completely out of line with the price of materials today, making it impossible for farmers to begin their projects.”

Biggins said the department’s current system of revising costs is not working and is not able to cope with the pace of changes in the price of materials.

He has called on the Minister for Agriculture, Charlie McConalogue to establish a system to review costings before the opening of each tranche, while this high level of inflation continues.

“The war in Ukraine has stretched supply chains to breaking point. Farmers are being forced to work with reference costs which are not keeping pace with events impacting on their costs,” Biggins said.

“It means they won’t receive a rate of grant that is reflective of the actual cost of investment incurred.”

TAMS revision

The revision of costings announced by the DAFM means increases to costings will range from 5% to 15% across the investment items listed under TAMS.

The minister also announced an increase, from €80,000 to €200,000, in the investment ceiling for the Pig and Poultry Investment Scheme (PPIS) under TAMS, which commenced from the opening of tranche 26 of TAMS on Saturday (April 9).

TAMS provide grants to farmers to build and/or improve a specified range of farm buildings and equipment on their holding.

There are seven schemes under TAMS:

  • Young Farmers’ Capital Investment Scheme;
  • Dairy Equipment Scheme;
  • The Organic Capital Investment Scheme;
  • Low Emission Slurry Spreading (LESS) Equipment Scheme;
  • Pig and Poultry Investment Scheme;
  • Animal Welfare, Safety and Nutrient Storage Scheme;
  • Tillage Capital Investment Scheme;
  • TAMS – farm building and structures specifications;
  • TAMS II Support Documents.