NBA Scotland has serious misgivings about the statement made by the Minister about the LFASS payments today.

UK - This proposal will cause great disadvantage to Scottish Beef Farmers against their EU counterparts.

1 November 2006

1 minute read

Europe

The UK Government's insistence on Voluntary Modulation has gone against the wishes of other EU Member States that has made an agreement difficult to achieve, to the detriment of Scottish Farmers.

The proposals to hold back the 2006/2007 payment until autumn of 2007 and then annually will have a devastating effect on farmers 'cash flow'.

The 15% offered as a sweetener, will only cover some of the costs of bank interest on enforced extra borrowing.

The LFASS payment normally made in March/May comes at a time when money is needed to pay feed and wintering bills.

LFASS is a lifeline to many Fragile Rural Communities and any delay in payment will be felt by all.

NBA Scotland will be working along with other organisations to resist these proposals.

TheBeefSite.com News Desk