BPS and renting land

jntsnk · 19-02-2018 01:12AM #1

Want to rent out land.
Is it possible to keep your BPS payment that is tied to that land, any way can you stack the BPS onto the rest of the land you own.
Have 30 acres too far away from me ,the BPS is €130/ acre. It’s ok ground but not suitable for early silage or grazing ground.

wrangler · 19-02-2018 08:44AM

jntsnk wrote: »

Want to rent out land.
Is it possible to keep your BPS payment that is tied to that land, any way can you stack the BPS onto the rest of the land you own.
Have 30 acres too far away from me ,the BPS is €130/ acre. It’s ok ground but not suitable for early silage or grazing ground.

No, you can't stack it, we're only two years from the next CAP reform, you'd be as well to leave it till then , you might get an opportunity to change it then then

Bass Reeves · 19-02-2018 09:07AM

Your SFP is arounf 1500 euro. From 2019 maximum SFP/HA is 700 or 750/HA, I cannot remember exactly. However it is likely that greening will be flattened or the max will be reduced. By that stage the SFP will be 150/hA or 1800 euro. If you intend renting you are more than likly as well off selling it then and lease it with the land in the mean time.

Willfarman · 19-02-2018 10:00AM

There's plenty of land being set with entitlements.. the tenant draws them in his name and then has to pass back the money on top of the land rental. You could also draw them yourself and set the land for a meadow.

wrangler · 19-02-2018 10:29AM

Willfarman wrote: »

There's plenty of land being set with entitlements.. the tenant draws them in his name and then has to pass back the money on top of the land rental. You could also draw them yourself and set the land for a meadow.

There's less demand for land with entitlements, the good farmers have their own to put on them or they're young farmers applying for NR.
I had to set my land without anyway.

jntsnk · 19-02-2018 10:40AM

wrangler wrote: »

There's less demand for land with entitlements, the good farmers have their own to put on them or they're young farmers applying for NR.
I had to set my land without anyway.

And did you sell the BPS on that land then ?

wrangler · 19-02-2018 11:16AM

jntsnk wrote: »

And did you sell the BPS on that land then ?

No I rented them out too, they were only up on Donedeal for 24 hrs, so no problem renting them, you'd get between 60 - 70% of the entitlement, also get it up front, so you'd have it by may.
I'm expecting that only people farming the land will own entitlements after 2020

newholland mad · 19-02-2018 12:00PM

Willfarman wrote: »

There's plenty of land being set with entitlements.. the tenant draws them in his name and then has to pass back the money on top of the land rental. You could also draw them yourself and set the land for a meadow.

The risk with setting with entitlements is if the fellow renting the land off you makes any cockup he'll get a cut on his payment and be very reluctant to pass back the agreed amount back to the owner . On a side I think leasing entitlements should be done away with talk about encouraging armchair farming. Should be used or sold end of.

Willfarman · 19-02-2018 01:36PM

There's a few dairy farmers in these parts that are starving for ground it appears.. heavy land with double 3 span slats and pit made 275+ entitlements an acre in these parts recently..

Land is in great order but no matter what due to its type it's only trafficable from mid April to mid October most years. Forget a wet year! No drystock enterprise would have a hope on it.

wrangler · 19-02-2018 02:07PM

newholland mad wrote: »

The risk with setting with entitlements is if the fellow renting the land off you makes any cockup he'll get a cut on his payment and be very reluctant to pass back the agreed amount back to the owner . On a side I think leasing entitlements should be done away with talk about encouraging armchair farming. Should be used or sold end of.

That's why I say money up front, it's the only way

BPS and renting land

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