Mary Coughlan (Donegal South West, Fianna Fail)

As the Deputy is aware, in 2008 we will be reviewing the quota scene. Considering what has happened in the European Community recently, our preparation must happen now to sustain our activity in the dairy sector. Coming from Donegal, I agree that the issue of ring-fencing is a policy initiative that is close to our hearts and I will continue to ensure that will remain so.

Like Deputy Crawford, I have concerns that there would be situations whereby people would over extend themselves by perhaps getting a loan to purchase quota. Equated with that is a considerable criticism of the lack of access to quota which we in this House all hear day in, day out. That is a significant concern for people. It is a significant disincentive for them to remain on the land and I must do something about that. However, I agree there will be regulations and assurances given to allow a situation whereby there is fairness and a balance within the quota system.

In listening to as many people as I do, my view is that unless we move now we will not have a dairy industry. It is incumbent on all of us in this House to ensure we have a sustainable dairy sector. It is a fabulous industry. Ours is the most efficient in the European Community. We are under a great deal of pressure from market support reductions from WTO, considerable issues of the decreasing price of milk, consumer spend and the current world price of milk. That is why it is important we have a sustainable, commercial activity in the dairy sector. It is not just farmers who will be waiting for the outcome of this, but also so many other vital ancillary industries.

I very much respect Deputy Crawford's views. I understand from where he is coming. I have read the local newspapers. I have seen some slight agitation about this issue. The Minister of State, Deputy Brendan Smith, will meet the co-operative on my behalf. I will meet them in due course. We will come up with proposals on the basis of consultation with the stakeholders which is almost complete.

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