Farmers taking second look at validity of cattle insurance

FARMERS are looking closely at a multi-million euro bill for insuring cattle sent to the processing factories.
Farmers taking second look at validity of cattle insurance

Most cattle farmers don't know of anyone who ever made a successful claim on the insurance, and the premium paid on every animal sent to factories is now coming under intense scrutiny, as farmers anticipate huge hikes in factory bills for rendering and BSE testing, as well as the doubling of a disease levy to €5 per head of cattle.

The Limerick IFA County Executive has unanimously endorsed a call from farmers in the county for the Association's National Livestock Committee and National Council to undertake an investigation into the amount being paid by livestock farmers in insurance premiums collected at point of slaughter, and a breakdown on what becomes of the money.

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