Confirmation of advance payments good news for farmers, says UFU
Tuesday, 3 September, 2019
The Ulster Farmers’ Union says farmers welcome the news that the rate of advanced CAP payments for 2019 will be set at 70 per cent. UFU president, Ivor Ferguson said, “The advanced payments will be made in October, at a time when on-farm input costs traditionally begin to rise, and many farm businesses face cash flow pressures. Last year, DAERA issued advance payments to 97 per cent of claimants and we expect this to be repeated in 2019.
“Also, with the UK set to leave the EU on 31st October, with or without a deal, the advanced payment will be timely and the cash injection will help farm businesses navigate what is likely to be a very disruptive period.”
The comments were made following DAERA’s confirmation of the advanced payment rate. Advance payments will commence on October 16.