BPS Support Scheme Announced to Support Farmers
The Minister for Environment, Energy and Rural Affairs, Lesley Griffiths has announced a BPS Support Scheme for farmers who won’t receive their payment on day one of the BPS payment window; which will run from 2 December 2019 to 30 June 2020.
The loan available will be worth up to 90% of the BPS claim value and hopes to provide certainty and assurance for farmers as we approach 31 October. The Support Scheme would be available to all but farm businesses must opt-in in order to receive payment under the circumstance that their BPS claim is not ready on 2 December.
Rural Payments Wales will make an online application available in October with further details. The FUW encourages all 2019 BPS claimants to apply using the RPW online form when it becomes available.