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Leasing of entitlements remains the dominant form of trading, with the value returned to the owner ranging anywhere from less than 30% to in excess of 55%.
Industry sources are predicting another busy year for entitlement sales, with the two-year amnesty on the 20% clawback rule for entitlements traded without lands finishing in 2024.
Normally, once the big 5x4x4 bales are safely stacked, I wonder if they will ever be moved - but this year there is practically nothing left after the 2023 harvest.
Farmers can now view the amount of money that will be lodged in to their account on Tuesday 24 October under the 70% advance of BISS and CRISS payments.