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Farmers have been overlooked in the raft of financial supports announced by the Government for businesses affected by the coronavirus.
On Tuesday, Minister for Business, Enterprise and Innovation Heather Humphreys announced a €200m fund for the Working Capital Scheme operated by the Strategic Banking Corporation of Ireland (SBCI).
The scheme is open to agri-businesses but farmers are not eligible for this scheme and no additional funding has been announced for the farmer-specific Agriculture Investment Loan operated by the SBCI.
Kerry Group CEO Edmond Scanlon said it would take months to figure out the impact of the coronavirus on the dairy trade, while Danone and Diageo have also issued stark profit warnings.
SHARING OPTIONS: