Local farmers are set for a financial boost this week as the Government prepares to release payments under the Beef Genomics and Grassland Sheep schemes.
Longford farmers will receive €728,517 overall - a cash injection to the local economy that is likely to be welcomed by those in business in the run up to Christmas.
Deputy James Bannon (FG) said that payments would be delivered to beef and sheep farmers across the country and that more payments were likely under the Grassland Sheep Scheme.
“The payment schemes are aimed towards sheep and beef farmers,” he continued, adding,
“In total, €590,520 will be paid to 825 Longford beef farmers under the Beef Genomics Scheme, while a further 341 farmers in the county will receive €136,297 under the Grassland Sheep Scheme”.
The Beef Genomics Scheme was introduced this year and is fully funded by the national exchequer.
Choosing the right animals to breed from is a key decision to ensure the best standards and the Scheme uses the most up to date technology and DNA profiles to gauge the profitability of the animal.
“I have no doubt that this scheme will lay the basic foundations to enhance Ireland’s reputation as a world leader in sustainable food production,” said Deputy Bannon.
“Sheep meat production is the fourth most important animal enterprise in Ireland and a significant indigenous industry on over 40,000 farms. The funding made available is a timely boost to the 341 sheep farmers in Co Longford and it will support their farming income during the winter months”.