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Old 19-05-2003, 01:22 AM
Torsten Brinch
 
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Default UK farm profitability to jun 2002

On Sat, 14 Dec 2002 19:13:20 +0000, Tim Lamb
wrote:
http://www.defra.gov.uk/esg/work_htm...urrent/chapter
9.pdf
gives agrimonetary compensation
97/98 98/99 99/00 00/01 01/02 02/03
£0 £0 £152.4 £76.6 £28.6 £25
figures in £millions.

(Note, the source is misquoted. The number £25 is not a forecast
of 02/03 (*). It is the RPA administered fraction of the forecasted
£28.6 million payed out in 01/02.)

According to the NFU, over the past 3 years, agrimonetary compensation
has been potentially available, to a sum total of £433 million, of
which £291 million was actually paid. That is £142 million/3 years, or
£47 million/yr. gone missing. That's only a few % of the total dole
handed out to you during that period. How can this be significant for
your situation?

(* Looking into the future, the British governments decision not to
claim full agrimonetary compensation in 2001 will mean a further minus
to you of about £40 million during 2002/03.)