What value do entitlements have now?

[Flat 10]

Or is to early to tell? Looking for a fair price to buy or sell.

 

[Still Farming]

Think period is now open to trade them?

 

[Hindsight]

Or is to early to tell? Looking for a fair price to buy or sell.

https://townsendcharteredsurveyors.co.uk/farm-quota/entitlements/entitlement-trading-updates/

 

[Frank-the-Wool]

One would presume that they are a rapidly depreciating commodity.
On first look at the Agriculture Bill there are no values for payments and the only guarantee is a similar rate for 2020 as 2019. But is that in euro or sterling value?
If one assumes that 7 years until the complete end then there will be a 17% annual reduction, however there was a suggestion initially that larger claims would be reduced by a larger initial amount. The effect of that would be for the value of entitlements to reduce more quickly.

 

[Hindsight]

One would presume that they are a rapidly depreciating commodity.
On first look at the Agriculture Bill there are no values for payments and the only guarantee is a similar rate for 2020 as 2019. But is that in euro or sterling value?
If one assumes that 7 years until the complete end then there will be a 17% annual reduction, however there was a suggestion initially that larger claims would be reduced by a larger initial amount. The effect of that would be for the value of entitlements to reduce more quickly.

They will be about same value as previous years. About two thirds of face value. Which means they are paid for within the first years payment - which is 2020 for which we know the payment rate. And then there is the hope value going forward into the 7 year transition period, so for a further period a payment is due. So any land not covered in 2019 with an entitlement should be covered.