Oireachtas Joint and Select Committees
Tuesday, 3 November 2015
Joint Oireachtas Committee on Agriculture, Food and the Marine
Dairy Industry: Irish Cattle and Sheep Farmers Association and Macra na Feirme
2:00 pm
Andrew Doyle (Wicklow, Fine Gael)
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That is a fair point. On that salutary common sense note, I will draw the meeting to a close.
I thank the representative from ICSA and Macra na Feirme for coming before us. I thank them for bearing with the process as the session was longer than anticipated. We will take up many of the recommendations and incorporate them in the committee's work. This follows on from what we did earlier on the volatility report. A number of the same issues arise in terms of the market management tools, finance, the taxation code, State aid rules regarding the rainy day fund deposit scheme, similar to the Macra na Feirme bond. They all amount to the very same thing, a protection mechanism, without having to bring in another global insurance company to extract more money out of the system for the purpose of providing a very expensive insurance scheme, the point made by John Comer. These are the main points I have drawn from today's meeting, but there are plenty of others as well. We are cognisant of TTIP, because we discussed it during our extended private session.