Farmers hopes of recovering €3.5m may end with sale

FARMERS' hopes of recovering 3.5m owed for livestock may soon be ended by the sale of the Tralee Beef and Lamb Company premises as a development site.

Even as senior sources in IFA promise "tougher" action to secure funding for farmer creditors, one of the new ownershas said it is more likely to be sold on than to be re-opened for meat processing.

IFA and ICMSA leaders have held several meetings with the owners, seeking their help to establish a compensation fund for hundreds of farmers left unpaid by the previous owners.