Share on LinkedInShare on LinkedIn

ARTICLE · 01 NOVEMBER 2021

Life After The Basic Payment Scheme

Basic Payment Scheme (BPS) is being phased out so that by the year 2027 it will not be paid, as it currently stands for farmers in England.

United KingdomReal Estate and Construction

Basic Payment Scheme (BPS) is being phased out so that by the year 2027 it will not be paid, as it currently stands for farmers in England. There will be different subsidies available but overall, the cash available will be much lower, with some sectors being worst hit than others.

For example, a dairy farm producing 2M litres of milk a year, receiving £30,000 of BPS, this will equate to a loss of 1.5 pence per litre per year; an arable farm of 500 acres producing 1,500 tonnes of crops and receiving £45,000 of BPS equates to losing £30 per tonne per year and a beef and sheep farm selling 1,000 lambs and 60 stores a year, receiving £40,000 of BPS, could equate to a reduction of £28 per lamb and £200 per beef animal per year.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from