Welsh dairy support scheme is now open for applications

Applications for the new Welsh dairy support scheme are now open, which aims to support farmers through the COVID-19 pandemic.

Eligible dairy farmers will be required to demonstrate that they have experienced a reduction of 25 per cent or more in the average price paid for their milk in April, in comparison with February. To be eligible for May losses, dairy producers must have suffered a loss of 25 per cent or more to the milk price in April, as well as May.

Farmers will need to provide their Milk Statement for February, April and May 2020 as evidence to support their claim.

Those eligible for the fund will be entitled to up to £10,000, which will cover approximately 70 per cent of their lost income to help meet fixed costs and sustain production capacity without any adverse effect on the environment or animal welfare.

The scheme is for producers in Wales only. However, cross-border farmers with land in more than one part of the UK may apply if the majority of their land is located in Wales and they received your Basic Payment Scheme (BPS) 2019 payment from Rural Payments Wales (RPW).

Applications to the scheme will close on 14 August 2020. For more information on eligibility and the rules around the scheme, go to https://gov.wales/dairy-support-scheme-using-rpw-online-apply

For help and advice, contact our expert team at Clay Shaw Thomas today.

Posted in Blog, Covid-19, Covid-19 - Grants, COVID-19 Updates, covid-19-update, Economy, Family Businesses, Government Funding, Grants and Deferrals, SME, SMEs, SMEs / Business.