The Irish Farmers Association (IFA) has called on the government and the EU Commission to compensate farmers for beef, losses from Brexit, which, according to them, exceed 100 million euros.

Although the UK exit from the EU will be postponed to October, Brexit beef stocks in the UK are reported to put pressure on prices on both sides of the Irish Sea.

The association wrote a letter to both Minister Creed and the Commissioner for Agriculture, Phil Hogan, with a detailed description of the losses of € 101 million. “Beef farmers have experienced a terrible period of financial loss, mainly due to the uncertainty in the market imposed by Brexit, changes in the pound exchange rate and lower prices.

Some meat farmers face a financial collapse. "They cannot afford to bear such losses, and it is very important that the government and the EU Commission provide a direct assistance package for interested farmers."

Irish Farmers Association President Joe Healy said this is a real test for the government and the EU Commission regarding their promises to support farmers in this most difficult period.

“Farmers expect them to fulfill their obligations over the past few months. Now they must convert these obligations into real deliveries and cover the losses that farmers have already suffered today, ”said the President of the Irish Farmers Association.