ICMSA won’t give up on farm man­age­ment de­posit scheme

Irish Examiner - Farming - - NEWS - Eoin Mccarthy

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.

Pic­tures: Don Moloney

Agri­cul­ture Min­is­ter Michael Creed and Euro­pean Com­mis­sioner for Agri­cul­ture and Ru­ral Devel­op­ment Phil Ho­gan at the ICMSA AGM in Lim­er­ick last Fri­day.

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