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Farm Business
Agricultural Matters
FT get leaked speech...
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<blockquote data-quote="WRXppp" data-source="post: 7264461" data-attributes="member: 73898"><p>Well that is the can of worms, at the moment they have X pot of £ to devide by X number of entitelments. Stewardship schemes are budgeted to a pot of money available so is competitive. ELMS is a free for all and if they set payments on an income forgone payment in a high price wheat year they will not get uptake until a dire wheat price year, if they go with higher public goods calculation and have an avalanche of applications ie whole farms how do they budget for it, not to mention using taxpayer money to produce in essence less food which would, in a supply and demand market, lead to price increases and the circle starts again.</p></blockquote><p></p>
[QUOTE="WRXppp, post: 7264461, member: 73898"] Well that is the can of worms, at the moment they have X pot of £ to devide by X number of entitelments. Stewardship schemes are budgeted to a pot of money available so is competitive. ELMS is a free for all and if they set payments on an income forgone payment in a high price wheat year they will not get uptake until a dire wheat price year, if they go with higher public goods calculation and have an avalanche of applications ie whole farms how do they budget for it, not to mention using taxpayer money to produce in essence less food which would, in a supply and demand market, lead to price increases and the circle starts again. [/QUOTE]
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FT get leaked speech...
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