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A farm retirement scheme should seek to encourage people in their mid-20s into farming, as this is the group most likely to plan on pushing farms onwards, the IFA said.
Minister for Agriculture Charlie McConalogue said the soon-to-be established commission on generational renewal will examine the possibility of a farm retirement scheme.
The idea floated by Minister McConalogue in Tullamore for a commission to examine generation renewal is a good one. But it needs teeth and it needs youth.
There are prizes available in six different categories - two in enterprise and four others - and an overall winner will be selected as the ‘Sustainable Grassland Farmer of the Year’.
Ahead of the European Commission proposals for the next CAP, the Minister believes it's an appropriate time to look at generational renewal on Irish farms.