Oireachtas Joint and Select Committees

Tuesday, 14 November 2017

Joint Oireachtas Committee on Agriculture, Food and the Marine

Climate Change Issues: Discussion

4:00 pm

Photo of Martin KennyMartin Kenny (Sligo-Leitrim, Sinn Fein) | Oireachtas source

The example given the previous evening was that farming land was put up for sale by a person who was left the land, who inherited it. They do not live nearby. For the past number of years the land had been leased. A local man with suckling cows was farming the land. Now that the land is for sale, that man wants to buy it. The man went into the bank and the banks told him they would lend him the money to buy it providing he planted it because he would be guaranteed income from that. The banks will not lend people money if they buy land for any other reason other than to plant it.

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