Scheme payment update: positive roll-out of payments
It has been another positive week in terms of the Department of Agriculture rolling out vital payments under a number of schemes. Balancing payments comprising 15% of the total payment and worth €40m was paid into farmers' bank accounts this week. There are still 10,000 farmers who are yet to receive payment, due primarily to possessing an insufficient stocking rate. The experience of recent years shows that in the region of 5,000 to 6,000 of these will not reach this stocking rate. Basic Payment Scheme Payments in 2019 totalled €1.179bn paid to 122,960 applicants from 123,072 consid...
Source: farmersjournal.ie