Pig farmers are to get an emergency payment worth €20,000 each under plans going to Cabinet this morning.
Agriculture Minister Charlie McConalogue will tell his colleagues the sector has suffered serious financial loss over the last few months due to rising feed costs and falling prices for pigs.
A total of €7m will be divided among Ireland’s some 300 pig farmers.
It will be paid to all finisher pig farmers who are members of the Bord Bia quality assurance scheme.