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Wrong people receiving CAP payments

1 May, 2009 - by Martin Ferris TD

The Sinn Féin Spokesperson on Agriculture Martin Ferris has said that the information on the Single Farm Payment released today proves that the fund is being misdirected to a great extent. Deputy Ferris was referring to figures which show that a large proportion of the €2 billion paid to Irish recipients in 2008 went to private companies and that the vast majority of farmers received relatively small sums. The figures show that while most farmers receive less than €20,000 a year, that 550 companies and individuals received payments of more than €100,000.

Deputy Ferris said: “The figures released show that the vast bulk of Irish farmers receive comparatively small amounts from the Single Farm Payment. Most receive less than €20,000 and around 40,000 farmers get payments of less than €5,000. That is in sharp contrast to the tiny number who receive large sums and in particular the huge payments that are given to the processing companies. The top 15 recipients  are all companies and between them they received over €100 million.

“As my report to the Oireachtas Committee shows, there is a huge level of pessimism among farmers, particularly in the west of the country, based largely on the fact that low income levels are making farming unviable. Surely the SFP ought to be directed towards those struggling small to medium farmers rather than subsidizing large businesses some of who this week cut the prices they pay to farmers for milk and lamb.” ENDS

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