Jackie Cahill (Tipperary, Fianna Fail) | Oireachtas source

As we know, a no-deal Brexit is the biggest threat to our economy in living memory. Our agrifood industry is particularly exposed, with 35% of all Irish food exports going to the UK. There are grave concerns about a no-deal scenario and our readiness for it. While the €110 million in the budget is welcome, there has been a clear lack of measures to address the farm crisis. As Deputy McConalogue alluded to, the farmers who have suffered losses since May have not been catered for and no fund has been put aside for them. As we speak, serious losses are being incurred by store producers, who are selling cattle at very low prices. Will the Minister clarify how much of the €110 million will be ring-fenced for farmers?

Will the Minister outline the exact mix of grant aid, equity or loans contained in the fund? The Minister spoke about the Brexit loan schemes but there has been a very disappointing take-up of those schemes. Farmers and companies feel there is far too much red tape involved.

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