Tim Lombard (Fine Gael) | Oireachtas source

I compliment Mr. Cullinan on his presentation regarding the pig industry. A package of somewhere in the region of €7 million was put in place for this industry. Mr. Cullinan mentioned that a Teagasc report put losses in the industry at €120 million in losses. I might be wrong. If so, please correct me. Given that the cost of energy, feed and labour is only going one way in the next 12 months and the cost of transport is a significant issue when it comes to getting products to market as it is only going one way as well, where do Mr. Cullinan and Mr. Sweetnam see the future when they look at the pig and poultry industries? These are not short-term issues. You could argue that the survival of these two industries in particular is a long-term issue at this stage when it comes to the projected price of energy, feed, labour and transportation.