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Entitlements

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Comments

  • Registered Users, Registered Users 2 Posts: 1,079 ✭✭✭onrail


    Can anyone explain to me why someone would buy, sell or lease entitlements? Never really understood why there is a trade for them



  • Registered Users, Registered Users 2 Posts: 20,225 ✭✭✭✭Bass Reeves


    Convergence is nearly complete at present. At the end of the last csp tge highest value entitlements were 700 euro lowest was 150.

    At present highest value BISS is about 450 add ECO and CRISS and you are at 560 approx. Lowest value is about 100 add ECO and CRISS and you are about 210 eeuro. Without CRISS you are at 520 and 170 and they are converging further over the next three years

    If you have naked land it has been a very successful investment over the last 20 years as long as you.know when and what to buy.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 80 ✭✭Hyland17


    Ya I know they are converging at the minute but nothing is set in stone for the next round of CAP. Could the higher rates be brought down more and the lower ones increased? If farmers keep dropping out like they are currently and younger farmers are nailed with high rates for rent and nothing to show when lease is finished its very hard to know where farming will stand in a few years. Young farmers giving most if not all of the CAP money away to landlords it doesn't make sense to keep going.



  • Registered Users, Registered Users 2 Posts: 20,225 ✭✭✭✭Bass Reeves


    Convergence is going to continue and will ve completed in the next CAP after 2027. The high rental is by young farmer and other farmers not being willing to walk away from rents that are too expensive. This is partly due to the structure of the young farmer scheme where you o lying get one bite of the cherry when making a national reserve claim.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 80 ✭✭Hyland17


    I know the young farmers top up is propping up the land rental prices at the minute, but its not all their fault. Have been in the same boat myself and found its farmers with existing land banks who is putting young lads out or driving it up to spite them. I rely on rented ground for my enterprise but at current prices its only making me a busy fool. Its not making financial sense to hand over most of your guaranteed money for the privilege of farming. Lads will bow out. Talking to a green cert teacher lately and he told me very few who have completed it are farming.Over the years only a handful are proactively farming. He would do shearing in the Summer so would be out and about to see.



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  • Registered Users, Registered Users 2 Posts: 20,225 ✭✭✭✭Bass Reeves


    The truth is too many are doing the green cert. There is no entitlement to farm just like there is no entitlement to be a doctor, nurse or accountant. Even if you qualify in these profession's there is no guarantee that you will get a job in your chosen profession.

    My young lad know a couple of lads that have started using the young farmer scheme and do not have the business acumen to run a farming business. Paying too much for rent is only part of there issue, not know what cattle to buy is another failing

    Slava Ukrainii



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