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The original CAP, with its guaranteed intervention prices and export refunds, was designed to prevent severe fluctuations.
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The society is responding to Minister for Finance Jack Chambers’ announcement that the Government will work with the Department of Agriculture to combat income volatility in time for Budget 2026.
The ICMSA has been responding to the announcements made in Budget 2025 and has welcomed the extension to a number of reliefs to 2027.
The wider agricultural sector must shoulder some of the volatility and pressure on margins currently felt by farmers, the IFA's president has said.
Theoretically, what happens to US wheat prices should have very little effect on us but that’s not true as these are the prices which set the tone for the prices at which feedstuffs come into Ireland.
Costs must be controlled if farmers are to stay viable when incomes in an income volatile sector, Teagasc's director said.
