The intervention system for cereals, which is a market support scheme, is open between 1 November and 31 May of the following year, subject to a minimum quantity being offered and the grain reaching the quality specifications laid down. The intervention price paid to the offeror is increased by monthly increments. The price paid for standard quality grain is currently €107.731 per tonne. The price paid depends on the month of take-over. Bonuses or deductions are made depending on the quality of the grain.
Further information on the Intervention Schemes may be obtained from On-Farm Investment, Subsidies and Storage Division, Department of Agriculture, Fisheries and Food, Johnstown Castle Estate, Co Wexford. Tel: 053 9165563