Oireachtas Joint and Select Committees

Tuesday, 8 May 2018

Joint Oireachtas Committee on Agriculture, Food and the Marine

Fodder Shortage Risk Management Measures: Discussion

3:00 pm

Photo of Martin KennyMartin Kenny (Sligo-Leitrim, Sinn Fein)
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I understand it is a small percentage. One of the things that always happens in these situations is that people talk about averages and look at the overall thing. The averages often hide very uncomfortable realities for the very small minority that is at the bottom of the queue. I am sure the 4% of farmers who found themselves in that difficulty would have much preferred to continue to deal with Ulster Bank or whatever bank they had their loan with rather than seeing it sold off to some other agency they did not know. If it is such a small percentage, an additional effort needs to be made. I said at the outset that the agrifood sector has been very good to the financial services sector. It deserves a recognition that the financial services sector should be able to pay back in respect of that.