€100m fund announced for Brexit beef farmers

Details of a €100m fund for beef farmers facing uncertainty due to Brexit have been announced by the Government.

Agriculture minister Michael Creed said the Beef Exceptional Aid Measure (BEAM) will be funded by a combination of EU exceptional aid and Exchequer support and is “provided in light of the difficult circumstances that Irish beef farmers have been facing as a result of market volatility and uncertainty arising out of Brexit”.