FINE Gael Senator, Kieran O’Donnell is encouraging Limerick farmers to apply for the Beef Exceptional Aid Measure (BEAM) funding from today, Monday, August 19.
BEAM funding is being provided in light of the difficult circumstances that Irish beef farmers have been facing as a result of market volatility and uncertainty arising out of Brexit.
The fund will provide financial aid to Irish beef farmers and is targeted towards those farmers most affected.
Senator O’ Donnell said, “This scheme has been designed to make the application process as user-friendly and accessible as possible for farmers.
“The prolonged period of depressed prices and ongoing uncertainty surrounding the outcome of Brexit, has led to a difficult period of market disturbance.
“The BEAM, coupled with the Beef Environmental Efficiency Pilot (BEEP), introduced earlier this year, provides an injection of up to €120m in aid for the beef sector in 2019.”
Applications are accepted online only, to ensure that payments are made as promptly as possible.
This measure will be funded by a combination of EU exceptional aid and Exchequer support, which is being provided in light of the difficult circumstances that Irish beef farmers have been facing as a result of market volatility and uncertainty arising out of Brexit.
BEAM is also designed to meet the requirements set out by the Commission, including granting support to farmers engaging in actions which enhance their long-term resilience and sustainability.
Senator O’ Donnell concluded: “ I am keenly aware that farmers are dealing with very challenging market circumstances at present. This scheme will provide some additional income support at a very critical time.”
