Govt announces €40m investment for beef farmers

€40m is to be invested in Irish beef farming.

The Minister for Agriculture, Simon Coveney, says the package of measures will support the Irish suckler sector.

Up to €23m will be spent on a genomics programme, with €10m for the Beef Data programme.

The rest of the cash will be spent on the Beef Technology Adoption programme and residual payments.

Beef exports were worth more than €2.1bn last year and it is hoped this figure will continue to grow.