Milking the Single Payment System

Summary


FARMERS who boosted their 2005 single farm payment by investing in milk quota at the right time will see a 50 per cent increase in that part of the payment this year.

That can be seen as far-sighted financial astuteness by the few who read all the small print of common agricultural policy reform and realised that milk quota held on 31 March, 2005, could have a significant effect.

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Extract


Milking the Single Payment System

Or it can be seen as an appalling loophole in a European Union regu...

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