Stephen Cadogan: If paying EU farmers to produce less succeeds...

As if the Brexit threat to our food industry wasn’t bad enough, the EU will soon start paying farmers to produce less.

The €150m EU-wide measure to support voluntary reduction in milk deliveries by farmers wasn’t supported by Ireland, but was nonetheless agreed last week.

It was only 30% of a €500m aid package for farmers, despite strong demands from some member states for the full €500m to be spent on cutting milk production.