Written by Charlotte Cunningham
The Rural Payments Agency has today (3 Nov) published the Basic Payment Scheme (BPS) entitlement values and greening rates for 2020. Charlotte Cunningham reports. The Basic Payment Scheme is the biggest of the rural grants and payments that provide help to the farming industry. Farmers apply once a year and payments begin to land in farmers’ bank accounts in Dec. Despite the challenges presented this year by the coronavirus pandemic, the RPA succeeded in meeting their target of paying 95% of 2019 claims for Countryside and Environmental stewardship schemes by the end of Jun, bringing forward payment timescales by six months, as well as exceeding its performance target for processing last year’s BPS payments. Farmers are also set to see a slight increase in their payments this year, following the decision not to make the usual Financial Discipline deduction from 2020 payments. This was previously used to support an EU crisis fund. BPS payments for England are set in Euros and then converted into sterling. The BPS exchange rate for 2020 will be the same as 2019 at €1 = £0.89092. Rates in Euros Region Non-SDA SDA-Other Moorland SDA Entitlement rate: € 182.70 € 181.34 € 49.76 Greening Rate: €…
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