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The statement came at a Lakeland Dairies event on Tuesday on the farm of Sean and John Gilsenan in Moynalty, Co Meath.
Minister for Agriculture Charlie McConalogue made the announcement that will affect 14,943 participating farmers.
The payments were confirmed by Minister for Agriculture Charlie McConalogue, which will affect 96,731 farmers in the ANC scheme.
The winners were presented with their cheques at the ICMSA AGM on Monday.
The information evening is being chaired by IFA deputy president Alice Doyle and includes specialist speakers on inheritance, succession, family health and wellbeing.
An excellent line up of speakers are confirmed on two very important subjects - family planning /inheritance and family health and wellbeing.
Embrace FARM is a support network for farm families affected by sudden death or serious injury and it currently provides a range of practical and emotional support to over 550 Irish farm families.
The event at the Eikon Exhibition Centre near Lisburn was part of a UK-wide campaign to overturn changes to agricultural property relief from inheritance tax.
Food and farming is not the only sector challenged, however, it is a sector that creates so much employment where other businesses would not survive.
