In light of the continuing fodder problem, I announced last week that the duration of the Imported Fodder Transport Scheme has been extended until Friday 10 May.
I am satisfied that the volume of imported fodder is making a real difference on farms and assisting farmers through the current shortage. The extension of the scheme for a further week will build on this and ensure that further supplies are imported with the benefit of the transport subsidy.
Apart from this initiative on the fodder transport scheme, I have addressed the issue of credit facilities with the banks and the co-ops. The banks have been requested to take a flexible approach towards extending credit to farmer customers at this difficult time. The co-ops responded already with the introduction of interest free credit to farmers for the purchase of fertiliser in the month of May, which will be a key component in addressing this year’s fodder problem.
I am keeping the matter under constant review.