As a reminder, 2020 Basic Payments will be calculated using the same exchange rate that was applied in 2019 - €1 = £0.89092 - and be paid in sterling only.
In previous years, the Financial Discipline Mechanism was applied by the EU to help manage the Common Agricultural Policy (CAP) budget. In 2019, this meant a 1.43 percent reduction applied to each and every payment, however, this will not be applied in 2020.
The final 2020 payment rates will become available in November once the number of claimed entitlements have been totalled.