Novel Feed Decision Vital to Ease Rising Input Costs – IFA
Reacting to the decision of the Government to support the EU Commission’s move to extend the varieties of novel feed available to producers, IFA President John Bryan said “at a time of rising input costs, it is critical that Irish producers are not left at a disadvantage because of delays in authorising feed.”
Mr Bryan said pig producers, in particular, have been under severe pressure as their input costs have risen dramatically in the last six months. “They are losing €15 on every pig produced, something which is not sustainable and is placing thousands of jobs at risk. They are finding it very difficult to source credit, and they must have access to the most cost-effective feed supplies to compete in the global market.”
The IFA President said this decision must clear the way to allow increased supplies of soya onto the market, which have been held up for some time.