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Grants causing cashflow crunch
The uncertainty over the timeline of the Farm Waste Management Scheme (FWMS) payments is exacerbating cashflow problems on farms, with knock-on effects through the industry. A combination of other factors including the delay of REPS4 payments, restrictions on bank credit facilities, increased input costs and poor prices for milk and grain last year, have seen outstanding bills and later payments from farmers to their creditors. Merchants this week expressed concern at the level of exposure and say farmers are citing the lack of grant payments as a factor.
Discussions were continuing between the Departments of Agriculture and Finance yesterday (Wednesday) on funding of the FWMS. IFA are calling for Minister Brendan Smith to confirm that FWMS grant payment will be paid out to all farmers immediately.
IFA president Padraig Walshe has sought a meeting with Minister Smith on the issue. Over 2,000 farmers have been inspected and await payment; a further 15,000 await inspection.
101 Ideas as heard on the Pat Kenny RTÉ Radio Show on Thursday 29th January 2009
Peter Young (Irish Farmers Journal) and Paul McCarthy (Teagasc) provide a list of business opportunities for farmers with an entrepreneurial instinct. Rich in clever tips and important advice, 101 ideas gives farmers the edge in a competitive environment.
Price including P&P: €8. Click here to buy online now.
You can also purchase by emailing 101@farmersjournal.ie or phone 01 4199505
Irish Country Living Breast Cancer Research Challenge
One in 12 Irish women will be affected by breast cancer. Early detection saves lives and continued funding for research is the key to earlier detection. Irish Country Living, the weekly supplement with the Irish Farmers Journal, will drive a fundraising campaign from January 17th for the following 10 weeks for breast cancer research in association with the National Breast Cancer Research Institute (NBCRI), NUI Galway and Unislim. Throughout this campaign, five brave volunteers will aim to slim down to a personal target weight as they each try to raise €1,000 for breast cancer research. Each week Irish Country Living will follow the progress of the volunteers, provide information on breast cancer, share personal stories of men and women who have beaten breast cancer and offer helpful fitness tips to help each volunteer reach their target weight.
Click Here To Read More, Comment And Download Campaign Coverage
Download PDF Sponsorship Card
Listen To Podcast Of Afternoon Show Here
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