Roscommon/South Leitrim Fine Gael TD, Frank Feighan, has said that the approval of a phased re-payment of the superlevy fine due to be imposed on dairy farmers is a great boost to local farmers and will help to ease financial concerns.
“Paying the full superlevy, has in the past, been a huge financial burden for farmers and for co-ops.
“This year in particular farmers are preparing for the abolition of milk quotas so the surplus is even more of an issue. Farmers are keeping calves or buying more calves in an attempt to use up the milk but despite these measures, there is still a significant surplus.
“These proposals will allow farmers in Roscommon and Leitrim a level of flexibility in making their payments.There is an option to pay the levy in instalments and the Minister Coveney is examining the practicalities of how this will work.
“The Department will still be required to pay the superlevy fine in full to the European Commission by the usual deadline of November 31 2015 and farmers will repay a minimum of one-third this year, the same in 2016 and the remainder in 2017.”