{"id":291798,"date":"2018-08-08T12:33:29","date_gmt":"2018-08-08T11:33:29","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=291798"},"modified":"2018-08-08T12:38:52","modified_gmt":"2018-08-08T11:38:52","slug":"tb-1644-locked-up-herds-suffering-financial-double-whammy","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/tb-1644-locked-up-herds-suffering-financial-double-whammy\/","title":{"rendered":"TB: 1,644 locked-up herds suffering ‘financial double whammy’"},"content":{"rendered":"

A total of 1,644 herds locked up with TB since the start of 2018 are facing a “financial double whammy”, according to the Irish Creamery Milk Suppliers’ Association (ICMSA).<\/p>\n

Commenting on the “acute challenges” faced by these farmers, ICMSA deputy president Lorcan McCabe said that many of the herds have been restricted since 2017 and have faced two fodder crises<\/strong> with excess stock.<\/p>\n

He added: \u201cThese farmers are particularly vulnerable and really need to be supported.<\/p>\n

They can\u2019t sell anything out of the farm while at the same time they can\u2019t afford to keep feeding their stock \u2013 they are suffering a classic \u2018double-whammy\u2019.<\/p><\/blockquote>\n

“We\u2019d appeal to the Department of Agriculture, Food and the Marine to look at some way of giving these farms some kind of relief and practical help.”<\/p>\n

The deputy president contended that the present levels of income support and hardship grants on offer are only “token gestures” when set against the levels of expenditure and fall in income such farmers are experiencing.<\/p>\n

“At the very least, the Hardship Grant should be extended to cover the summer months and not cease at the end of April. It is at present,\u201d McCabe said.<\/p>\n

‘Concrete actions’ needed from banks<\/h2>\n

Meanwhile,\u00a0chairperson of the ICMSA\u2019s Farm Business Committee Shane O\u2019Loughlin has said that Irish banks need to match their public expressions of support with \u201cconcrete actions\u201d of support for their customers.<\/p>\n

O\u2019Loughlin noted that farmers are under \u201cserious pressure\u201d due to the physical, mental and financial strains caused by the challenging weather conditions experienced in recent months.<\/p>\n

He explained that the ICMSA has received reports from members across the country in relation to requests for overdraft increases being rejected and \u201ccompletely over-the-top requirements\u201d in terms of documentation for relatively small increases in overdrafts or loans.<\/div>\n

“The reality is that farm incomes are going to be down substantially this year. Farmers are going to need support and if our banks are serious about supporting their customers, they need to announce concrete measures that will actually make a difference,” he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

A total of 1,644 herds locked up with TB since the start of 2018 are facing a “financial double whammy”,…<\/p>\n","protected":false},"author":3432,"featured_media":93868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7542,1937,1936],"tags":[4744,601],"acf":[],"_links":{"self":[{"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/posts\/291798"}],"collection":[{"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/users\/3432"}],"replies":[{"embeddable":true,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/comments?post=291798"}],"version-history":[{"count":0,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/posts\/291798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/media\/93868"}],"wp:attachment":[{"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/media?parent=291798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/categories?post=291798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lightsail.agriland.ie\/wp-json\/wp\/v2\/tags?post=291798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}