British tariffs on Irish agri food exports will cost Ireland €611.1m in a no-deal Brexit, draft figures revealed to the Irish Farmers Journal show.
A Government source said the beef sector will be hardest hit, with tariffs costing the sector at least €438m.
The draft figures show that poultry will be the sector next hardest hit at €65m, followed by the dairy sector at €63m and the sheep sector at €34m. The tariffs will cost the pig sector €11.1m.
On Wednesday morning, the British government published its proposed tariff regime in the event of a no-deal Brexit.
An Irish beef carcase shipped to the UK would carry a tariff of €1.19/kg, working off a current Irish base price of €3.80/kg, Irish Farmers Journal analysis shows.
If this cost is passed back to the farmer, the Irish base price would fall from €3.80/kg to €2.61/kg. Last year Ireland exported 298,000t of beef to the UK.
The rates the UK intends to apply to beef, sheep and cheddar can be read here.
Intervention
Minister for Agriculture Michael Creed and Tánaiste Simon Coveney told the Dáil on Wednesday that a team from the Department of Agriculture was meeting with the EU Commission to look at specific supports for farmers, particularly those in the beef sector.
Minister Creed said: "Any tariff regime is unambiguously very serious for Irish agri food exports to the UK, and most particularly for the beef sector which would be worst affected."
Read more
Irish cheddar could be hit by €20m Brexit tariff
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Exclusive: UK beef tariffs become reality
Listen: what no-deal Brexit tariffs will do to each sector
British tariffs on Irish agri food exports will cost Ireland €611.1m in a no-deal Brexit, draft figures revealed to the Irish Farmers Journal show.
A Government source said the beef sector will be hardest hit, with tariffs costing the sector at least €438m.
The draft figures show that poultry will be the sector next hardest hit at €65m, followed by the dairy sector at €63m and the sheep sector at €34m. The tariffs will cost the pig sector €11.1m.
On Wednesday morning, the British government published its proposed tariff regime in the event of a no-deal Brexit.
An Irish beef carcase shipped to the UK would carry a tariff of €1.19/kg, working off a current Irish base price of €3.80/kg, Irish Farmers Journal analysis shows.
If this cost is passed back to the farmer, the Irish base price would fall from €3.80/kg to €2.61/kg. Last year Ireland exported 298,000t of beef to the UK.
The rates the UK intends to apply to beef, sheep and cheddar can be read here.
Intervention
Minister for Agriculture Michael Creed and Tánaiste Simon Coveney told the Dáil on Wednesday that a team from the Department of Agriculture was meeting with the EU Commission to look at specific supports for farmers, particularly those in the beef sector.
Minister Creed said: "Any tariff regime is unambiguously very serious for Irish agri food exports to the UK, and most particularly for the beef sector which would be worst affected."
Read more
Irish cheddar could be hit by €20m Brexit tariff
Department and EU in negotiation over no-deal interventions
Exclusive: UK beef tariffs become reality
Listen: what no-deal Brexit tariffs will do to each sector
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