I suppose the exit scheme for many is the carrot and the stick is the drop in payments.It will likely depend on the exact wording, and how many can find a way to scheme it, with Dad ‘retiring’ and son taking over as a new entrant.
Plenty done it in Wales so that the son could qualify for new entrant grants and extra BPS.
If it’s water tight, as it should be, then I would expect uptake to be limited.
Is the word 'hobby' not equal if more applicable than 'vocation'? I do work for several older farmers - cannot see any of them 'retiring' until a hearse appears in the yard. An industry where one can plod along with a contractor keen to turn up with a tractor/cultivator, combine etc.I think the government (Defra & their advisors) are greatly over estimating the willingness of farmers to abandon their vocation (& I have picked this word deliberately).
There will be a number who would like to get out (debt being one) but will they jump? I doubt it.
We are generally optimistic pessimists as a breed
I fully understand your sentiments but in this day and age all business's should be there to make money from the effort and investment made surely. Farming like any other business needs to survive, develop and continue and that’s not practicable without making money.Farming has never been about money, never will be