Wednesday, 19 June 2013

Questions (35)

Denis Naughten


35. Deputy Denis Naughten asked the Minister for Agriculture, Food and the Marine the steps being taken to address the issue of credit for farmers and agricultural merchants; and if he will make a statement on the matter. [29220/13]

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Written answers (Question to Agriculture)

During the recent fodder crisis, concerns regarding access to credit and flexibility around loan repayments have been significant issues for many farmers. My Department has been in regular contact with the banks, co-ops and feed merchants to urge flexibility and co-operation during this time. Both banks and co-ops have asked farmers to contact them to discuss the terms that are available and have indicated that they will show flexibility on the basis that the longer term outlook for farming is positive and prices are strong across most areas.