Agriculture Minister Charlie McConalogue announced TAM benchmark cost increases with increases ranging from 5-15% on investment items listed under TAMS,
The move comes as construction costs continue to soar and comes on top of the 5-20% cost increases already introduced in July 2021.
These come after a full review by DAFM of benchmark costs in the scheme.
The Minister announced that these changes have been implemented as of Unit 26 which opened on Saturday April 9, 2022.
The Minister also announced today an increase, from €80,000 to €200,000, of the investment ceiling of the Pig and Poultry Investment Program (PPIS) under the TAMS which started from the opening of unit 26 of the TAMS on April 9, 2022.
The Minister declared: “The further development of the pig and poultry sectors is a priority for me given the key role that these sectors play in the national economic context.
“I have offered dedicated aid to pig farmers in recent weeks to help them through the current period of unprecedented challenge resulting from Russia’s illegal invasion of Ukraine and its impact on feed costs. I welcome the increase in the TAMS cap as it is part of a wider package of measures proposed to support the sector.
“The TAMs program is one of the success stories to date with €335 million in grants paid to farmers for investments on their farms under the rural development scheme. materials and construction We are keeping benchmark costs in the system under continuous review and this is the third cost increase to be implemented in the past 3 years I am pleased to report the increase in reference costs under TAMS and I would like to remind all farmers who have completed approved works and have outstanding claims against TAMS to submit them to the Department’s online system as soon as the works are completed to to facilitate the prompt issuance of payments.
The minister also confirmed that the upper investment limit under the pig and poultry investment scheme has been increased from €80,000 per farm to €200,000 per farm. The program specifications will help farmers install higher welfare infrastructure on their farms. Under the provisions of the TAMS scheme, grants will be available at the rate of 40% of expenditure and 60% for young farmers.
Minister of State for the Department of Agriculture, Martin Heydon TD, added: “I am very aware of the serious difficulties currently facing the pig sector, however, the new investments will, in parallel with other proposed measures to help the sector, to allow farmers to plan their recovery after this difficult period. Pig farmers can choose the investment options that best suit their operation, either undertaking further improvements to existing buildings to reduce running costs, or providing additional housing for their existing herd.”