Nearly €900m to incentivise 2014-2020 farming methods and investments

It is proposed to increase to €395m the 2014-20 funding for TAMS II grants for on-farm capital investment, intended to include beef and sheep handling and weighing equipment, dairy equipment, low emission slurry spreading, and organic capital investment, to be subsequently expanded to cover farm nutrient storage and animal housing.

Pig and poultry investments in energy, water meters and medicine dispensers would be prioritised, along with slurry storage on tillage farms.

An investment ceiling of €80,000 and general grant aid rate of 40% will apply, with 60% for young farmers.