Fine Gael TD for Longford/Westmeath, Gabrielle McFadden, said today that balancing payments for farmers under the 2014 Single Farm Payment Scheme will begin on December 1st. The payments totalling €23,311,410.79 will benefit more than 4,800 farmers in Longford and Westmeath.
“These payments are an essential part of many farmers’ budgets. 2,659 Westmeath farmers will receive payments amounting to €14,388,328.30 while 2,148 Longford farmers will benefit from a total of €8,923,082.49. The money will begin arriving in farmers’ bank accounts next week.
“These Single Farm payments are worth in excess of €550 million, bringing the total value of payments made to date under the 20114 SPF scheme to over €1.1 billion, while payments under the Disadvantaged Areas Scheme now exceeds €185 million.
“The Minister for Agriculture, Food and the Marine, Simon Coveney, TD has also confirmed that every effort continues to be made to clearing the small percentage of remaining cases for payment and that regular payment runs will continue to be made on both schemes on a twice weekly basis.
“The news will be particularly welcome this year given the financial difficulties experienced by many farmers especially in the beef sector.”