BPS cash boost for farmers

Farmers will receive 70% instead of 50% of their BPS payment next month, according to European Commissioner for Agriculture Phil Hogan.

Patrick Donohoe

20 September 2017

The Irish Farmers Journal understands European Commissioner for Agriculture Phil Hogan is to announce a 70% advance of the Basic Payment Scheme.

Commissioner Hogan is expected to make the announcement on Thursday, the third day of the National Ploughing Championships.

€250m boost

This means that instead of farmers receiving 50% BPS of their money on 16 October, they will now receive 70% with the remaining 30% coming in December, a boost of some €250m.

The decision is being made given the recent inclement weather in Ireland which has prevented tillage farmers harvesting crops and forced livestock farmers to house cattle, thus driving up costs.

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