Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Agricultural Media
News, PR, Shows and Events
UFU: Banks urged to ‘provide leniency’ to farmers battling wet weather
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Agriland RSS" data-source="post: 9236368" data-attributes="member: 105608"><p>Written by Francess McDonnell from Agriland</p><p></p><p style="text-align: right"><img src="https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/a-close-up-view-of-puddles-of-water-on-a-muddy-cou-2023-11-27-04-52-34-utc-2048x1383-640x360.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Banks in Northern Ireland have been urged by the Ulster Farmers’ Union (UFU) to “provide leniency” to farmers who are under additional stress because of the wet weather.</p><p></p><p>The UFU said financial pressure is building for farm families because they are unable to “keep on top of their work” due to recent rainfall.</p><p></p><p>UFU president David Brown said: “The level of rainfall across <a href="https://www.agriland.ie/farming-news/hseni-50k-in-fines-given-after-engineer-is-fatally-struck-by-tree/" target="_blank">Northern Ireland</a> has made it impossible to move livestock, planting and sowing is way behind, and bills are mounting.</p><p></p><p></p><p></p><p>“The ground is saturated due to wet conditions that stretch back to the middle of last year”.</p><p></p><p>According to the UFU president, banks “have the power to apply leniency” to farmers who may be struggling to meet repayment schedules.</p><p></p><p>He has appealed to banks to “step up for farmers”.</p><p></p><p>Brown added: “We are urging everyone in the banking sector who interacts with farmers, to take this into account and to give whatever support they can.</p><p></p><p></p><p></p><p>According to the UFU while it appreciates that weather conditions “cannot be controlled” it believes that fairness applied throughout the supply chain “can make a big difference for farm businesses”.</p><p></p><p><a href="https://cdn.agriland.ie/uploads/2023/08/raining-5389468_1280.jpg" target="_blank"><img src="https://cdn.agriland.ie/uploads/2023/08/raining-5389468_1280-1024x682.jpg" alt="Rain covering a field" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p></p><p>Brown said: “Many farmers operate as sole traders, therefore, it’s critical that every pound that’s in the marketplace makes its way back to farmers.</p><p></p><p></p><p></p><p>He also warned that bovine tuberculosis (TB) levels are at “an all time high in Northern Ireland” and that many farmers are currently closed and unable to sell livestock which means they have extra animals to house and feed.</p><p></p><p>The UFU president added: “At this stage of the year, silage stocks will be low, and they will need to source and buy more. This puts extra pressure on cashflows and the daily running of the farm – farmers may need additional support.”</p><p></p><p>He also said that it is vital that farmers in<a href="https://www.agriland.co.uk/farming-news/concern-over-availability-of-spring-barley-seed/" target="_blank"> Northern Ireland </a>who may “feel overwhelmed and isolated” because of the additional pressures that they are facing due to the weather or on the financial front to reach out for support.</p><p></p><p>The post <a href="https://www.agriland.co.uk/farming-news/ufu-banks-urged-to-provide-leniency-to-farmers-battling-wet-weather/" target="_blank">UFU: Banks urged to ‘provide leniency’ to farmers battling wet weather</a> appeared first on <a href="https://www.agriland.co.uk" target="_blank">Agriland.co.uk</a>.</p><p></p><p><a href="https://www.agriland.co.uk/farming-news/ufu-banks-urged-to-provide-leniency-to-farmers-battling-wet-weather/" target="_blank">Continue reading on the Agriland Website...</a></p></blockquote><p></p>
[QUOTE="Agriland RSS, post: 9236368, member: 105608"] Written by Francess McDonnell from Agriland [RIGHT][IMG]https://s3.eu-west-2.amazonaws.com/cdn.agriland.co.uk/uploads/2024/03/a-close-up-view-of-puddles-of-water-on-a-muddy-cou-2023-11-27-04-52-34-utc-2048x1383-640x360.jpg[/IMG][/RIGHT] Banks in Northern Ireland have been urged by the Ulster Farmers’ Union (UFU) to “provide leniency” to farmers who are under additional stress because of the wet weather. The UFU said financial pressure is building for farm families because they are unable to “keep on top of their work” due to recent rainfall. UFU president David Brown said: “The level of rainfall across [URL='https://www.agriland.ie/farming-news/hseni-50k-in-fines-given-after-engineer-is-fatally-struck-by-tree/']Northern Ireland[/URL] has made it impossible to move livestock, planting and sowing is way behind, and bills are mounting. “The ground is saturated due to wet conditions that stretch back to the middle of last year”. According to the UFU president, banks “have the power to apply leniency” to farmers who may be struggling to meet repayment schedules. He has appealed to banks to “step up for farmers”. Brown added: “We are urging everyone in the banking sector who interacts with farmers, to take this into account and to give whatever support they can. According to the UFU while it appreciates that weather conditions “cannot be controlled” it believes that fairness applied throughout the supply chain “can make a big difference for farm businesses”. [URL='https://cdn.agriland.ie/uploads/2023/08/raining-5389468_1280.jpg'][IMG alt="Rain covering a field"]https://cdn.agriland.ie/uploads/2023/08/raining-5389468_1280-1024x682.jpg[/IMG][/URL] Brown said: “Many farmers operate as sole traders, therefore, it’s critical that every pound that’s in the marketplace makes its way back to farmers. He also warned that bovine tuberculosis (TB) levels are at “an all time high in Northern Ireland” and that many farmers are currently closed and unable to sell livestock which means they have extra animals to house and feed. The UFU president added: “At this stage of the year, silage stocks will be low, and they will need to source and buy more. This puts extra pressure on cashflows and the daily running of the farm – farmers may need additional support.” He also said that it is vital that farmers in[URL='https://www.agriland.co.uk/farming-news/concern-over-availability-of-spring-barley-seed/'] Northern Ireland [/URL]who may “feel overwhelmed and isolated” because of the additional pressures that they are facing due to the weather or on the financial front to reach out for support. The post [URL='https://www.agriland.co.uk/farming-news/ufu-banks-urged-to-provide-leniency-to-farmers-battling-wet-weather/']UFU: Banks urged to ‘provide leniency’ to farmers battling wet weather[/URL] appeared first on [URL='https://www.agriland.co.uk']Agriland.co.uk[/URL]. [url="https://www.agriland.co.uk/farming-news/ufu-banks-urged-to-provide-leniency-to-farmers-battling-wet-weather/"]Continue reading on the Agriland Website...[/url] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Agricultural Media
News, PR, Shows and Events
UFU: Banks urged to ‘provide leniency’ to farmers battling wet weather
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top