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New CAP and land purchase.

  • 21-02-2022 6:28pm
    Registered Users Posts: 7,781 ✭✭✭ 893bet

    Some bad land bordering our land may be coming to the market.

    I don’t have entitlements for it. And my income is too high to apply to the national reserve.

    Under the new CAP will there be any payments that can be drawn against this as I understand stand some payments are being decoupled from entitlements.


  • Registered Users Posts: 15,463 ✭✭✭✭ Bass Reeves

    You will be able to draw ANC if you are not maxed out on it. As well you will be able to draw the Eco part of the payment. Buying the rest of the entitlement should not be too expensive. There should be plenty available next year as lads will have to see leased entitlement that have no land leased with them in 2023&2024.

    I think low value entitlements are trading at 2.5 times there value at present.

    Slava Ukrainii