Pork compo delay ‘to be resolved’

A €150 MILLION compensation logjam for the depressed pig meat industry will be resolved within eight weeks, the Department of Agriculture has promised.

The fund had slowed to a trickle after €35m was released in an initial flurry. This was committed to after the discovery of dioxins caused the recall of all pork products and shut down the pigmeat industry last year.

Industry spokesmen said the failure to fast-track the remainder of the fund has caused a cashflow crisis. This first hit larger processors and consequently stifled the incomes of farmers and feed producers.