Wednesday 21 February 2018

The reforms at a glance

* Ireland to get €1.2bn a year for single-farm payment.

* €103m of this payment to be redistributed so that all farmers get at least 60pc of national average payment per hectare.

* This means a minimum payment of around €150 per hectare by 2019.

* 60,000 Irish farmers to gain an average of 35pc, while 50,000 to lose an average of 12pc.

* Maximum loss to higher-earning farmers is 30pc of per-hectare payment.

* Young farmer top-up of 25pc for under-40s who have set up in last five years.

* Sugar quotas to end in 2017.

* No milk market supply restrictions after 2015.

* €330m per year for rural development measures, which can include additional young farmer incentives, environmental schemes etc.

Irish Independent

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