Saturday 26 May 2012
Headlines
Did you find this story interesting? (0) (0)
15/10/2009 12:31:38
Exchange rate for 2009 sps payments confirmed
The exchange rate to be used for SPS 2009 payments was confirmed last week as €1= £0.9093. This represents an increase of 15 per cent compared with last year.
Farming Minister Jim Fitzpatrick said:
"This exchange rate will increase the sterling value of SPS payments by around 15 per cent compared with last year – a welcome short-term boost for many farmers.
"The Rural Payments Agency (RPA) Chief Executive expects to at least match RPA’s performance under the 2008 scheme when nearly £1 billion was paid out by the end of December.
"The 2009 payments will begin to be made in December. We have decided not to take up the option of making earlier partial payments to allow the Rural Payments Agency to focus on making full payments as early as possible."
237/09
Farming Minister Jim Fitzpatrick said:
"This exchange rate will increase the sterling value of SPS payments by around 15 per cent compared with last year – a welcome short-term boost for many farmers.
"The Rural Payments Agency (RPA) Chief Executive expects to at least match RPA’s performance under the 2008 scheme when nearly £1 billion was paid out by the end of December.
"The 2009 payments will begin to be made in December. We have decided not to take up the option of making earlier partial payments to allow the Rural Payments Agency to focus on making full payments as early as possible."
237/09
No Comments
Nobody has posted any comments on this story.
|
Farming items for Sale
|
Valmet 8050 - Stirling(GBP 17400)
Deutz-Fahr AGROPLUS 77 - Cleveland(GBP 26100)
Used John Deere - 7920 - Thame
(Price on Application)
(Price on Application)
Case IH MX100C - Tiverton(GBP 14700)
Valtra N121 Hitech - Tiverton(GBP 43200)
Related News
Exchange rate set for single payment scheme - 05 Oct 2005Farmers should note that the exchange rate for the first Single Farm Payment will be EUR1 = £0.68195p. The NFU has repeatedly expressed its concern...
Single Farm Payment Exchange Rate Shows Small Increase - 30 Sep 2011The 2011 exchange rate to be used for the 2011 Single Farm Payment (SFP) Scheme has been provisionally set at €1= £0.86665. This represents a small in...
Farmers take control of exchange rates when applying for EU farm payments - 19 Mar 2012Western Union Business Solutions
Interest and exchange rate stability provide platform for growth - 04 Jun 2009The Bank of England’s 4 June announcement to keep its base interest rate at 0.5% for the fourth month running means farmers still have the oppor...
Increasing costs in farm and estate sector to drive rates in 2009 - 20 Jan 2009Over the past four years there has been a downward pressure on insurance premiums for the farm and estate sector but this has not reflected the increa...
Consultation on seed certification rates 2009/10 - 27 Mar 2009A consultation on the seed certification rates for 2009/10 has been published today. Defra is seeking the views of all applicants for seed certif...
Fears over bluetongue vaccine supply as Defra confirms no order for 2009 - 18 Dec 2008England will not be guaranteed enough vaccine to protect livestock from an outbreak of bluetongue in 2009, after Defra confirmed it would not be issui...
UK businesses improve their late payment performance in 2009 - 21 Jan 2010At the end of 2009 UK businesses had significantly improved the time it takes them to settle their bills, according to the latest Late Payment Index f...
Partial payment of sps to be launched “as soon as operationally possible” - 18 Apr 2006The NFU, CLA and TFA met Lord Bach this morning in the latest of their regular meetings to discuss the progress of the Single Payment Scheme. After...
RPA’s handling of sps payments a “tragedy”. - 24 Apr 2006In its written submission to the House of Commons EFRA select committee, the NFU says the latest SPS payment figures and Margaret Beckett’s decision –...
