New National Reserve for young farmers and new entrants in 2020


It is estimated that there will be up to €3m in funding for the 2020 Reserve.

New National Reserve for young farmers and new entrants in 2020

  • ADDED
  • 1 mth ago

It is estimated that there will be up to €3m in funding for the 2020 Reserve.

There will be a new National Reserve for young farmers and new entrants in 2020.

That’s according to IFA deputy president, Richard Kennedy, who spoke following a meeting of the Department of Agriculture Direct Payments Advisory Committee in Portlaoise today, which the farm organisation added.

Kennedy outlined that it is estimated that there will be up to €3m in funding for the 2020 Reserve, financed from existing resources, unused entitlements and clawback on sales.

He said it will not be necessary to have any linear cuts on entitlements to fund the 2020 Reserve.

He is of the opinion that it is important that there is a National Reserve and an opportunity for young farmers and new entrants to be able to get entitlements under the CAP supports.

“The National Reserve, along with the Young Farmers top-up scheme, have proved to be an essential support to young farmers over recent years.”

Since 2015 and the commencement of the current CAP, the National Reserve has provided cumulative payments worth €130m to 8,500 participants.

In addition, the Young Farmers top-up scheme has paid out €95m to 8,000 participants.

Conditions

The IFA Deputy President said the conditions for the reserve in respect of education requirements and off-farm income will remain the same, providing consistency in the approach for young farmers and new entrants.

In 2019, approximately 900 applicants applied to the National Reserve and some 531 applicants were successful to date, involving 540 young farmers and 31 new entrants.

Similar Articles

Comments


Most popular

The Marts Forecast
The Marts Forecast
Click to View Weekly Mart Schedules
SELECT LIVESTOCK

Cattle Marts Scheduled Nationwide

Monday

  • Birr
  • Carrigallen
  • Granard
  • Elphin
  • Inishowen
  • Manorhamilton
  • Stranolar
  • Tuam

Tuesday

  • Ballina
  • Ballyjamesduff
  • Drumshambo
  • Ennis
  • Enniscorthy
  • Fermoy
  • Nenagh

Wednesday

  • Athenry
  • Ballinrobe
  • Elphin
  • Granard
  • Kilrush
  • Nenagh

Thursday

  • Ballymote
  • Birr
  • Castlerea
  • Drumshambo
  • Ennis
  • Kilkenny
  • Raphoe

Friday

  • Donegal
  • Gort
  • Kilfenora
  • Roscommon
  • Roscrea
  • Tullow

Saturday

  • Balla
  • Carnew
  • Carrigallen
  • Dowra
  • Loughrea
  • Maam Cross
  • Mohill
  • New Ross
  • Scariff
  • Tullow

Sheep Marts Scheduled Nationwide

Monday

  • Ballyjamesduff
  • Carrigallen
  • Elphin
  • Fermoy
  • Kilkenny
  • Raphoe

Tuesday

  • Athenry
  • Ballina
  • Donegal
  • Ennis
  • Inishowen
  • Tuam
  • Tullow

Wednesday

  • Ballinrobe
  • Enniscorthy
  • Gort
  • Manorhamilton
  • Roscommon
  • Roscrea
  • Stranorlar

Thursday

  • Ballymote
  • Carnew
  • Loughrea

Friday

  • Dowra

Saturday

  • New Ross
  • Maam Cross

Dairy Marts Scheduled Nationwide

Monday

  • Kilkenny

Tuesday

Wednesday

  • Enniscorthy (2nd Wednesday Of Month)

Thursday

Friday

  • Fermoy

Saturday

Calf Marts Scheduled Nationwide

Monday

Tuesday

  • Kilkenny

Wednesday

  • Enniscorthy

Thursday

Friday

Saturday