ICMSA won’t give up on farm management deposit scheme
The “most urgent requirement to enable farm families to deal with ruinous income volatility” wasn’t delivered in Budget 2019, but ICMSA President Pat Mccormack has pledged to renew pressure on the Government, to include the farm management deposit scheme in Budget 2020. ICMSA’S proposed scheme would allow farmers to put money in a Government regulated deposit scheme in “good” years and draw it down in “bad” years, to “smoothen” the dairy income trend and allow some degree of stability and planning. At the Association’s AGM last week, Mr Mccormack said the Management Deposit Scheme remains an ICMSA priorities for 2019, along with a Brexit that leaves things as near as possible to the status quo, and a CAP reform that prioritises the farm family.
Agriculture Minister Michael Creed and European Commissioner for Agriculture and Rural Development Phil Hogan at the ICMSA AGM in Limerick last Friday.