Stephen Haley
November 5th 03, 11:18 PM
Have just seen on the news that the EU is changing the farming subsidy rules
from next year, to try and reduce the food mountain I would guess. Now they
are going to pay the subsidy regardless of the farmer actually growing
anything with the subsidy being based on an average of x past years subsidy.
At present the farmer is encouraged to grow unprofitable crops eg
Cost to grow £125 per acre
Revenue £110
Subsidy £90
Profit £75
In future they will be given the £90 regardless so growing the crop will
only result in a loss of £15 per acre.
I have been pondering how so many fallow fields will affect us and in
principal I think it should be good for us providing the grass doesnt grow
too tall.
from next year, to try and reduce the food mountain I would guess. Now they
are going to pay the subsidy regardless of the farmer actually growing
anything with the subsidy being based on an average of x past years subsidy.
At present the farmer is encouraged to grow unprofitable crops eg
Cost to grow £125 per acre
Revenue £110
Subsidy £90
Profit £75
In future they will be given the £90 regardless so growing the crop will
only result in a loss of £15 per acre.
I have been pondering how so many fallow fields will affect us and in
principal I think it should be good for us providing the grass doesnt grow
too tall.