UFU welcomes increase in advance payments
Thursday, 5 October, 2017
The Ulster Farmers’ Union says it is pleased DAERA and the European Commission have responded positively to its call for an increase in advance CAP payments from 50 to 70 per cent. It says this will help with cash flow pressures as a result of poor weather.
UFU president Barclay Bell says, “We pushed hard for this increase in what has been a difficult year for weather-related problems. The prolonged periods of heavy rain, which resulted in serious flooding in some areas, have presented a number of challenges. Cattle have been housed earlier than usual, silage hasn’t been cut, slurry can't be spread and harvest has been delayed. This has put a severe cash flow strain on many farm businesses.”
Advance payments will commence on October 16.