IFA warns new farm income figures likely to show 20% reduction

DETAILS of farm income for 2009 due to be released next week are likely to show a reduction of at least 20%, the Irish Farmers’ Association predicted yesterday.

Its president Padraig Walshe said government cuts already imposed are contributing significantly to this situation.

He made the comments as the IFA told Finance Minister Brian Lenihan at a pre-budget meeting that investment in the productive sector of the economy makes excellent sense.