British Wool launches new scheme for first time sheep farmers

摘要

British Wool has introduced a new scheme designed to support producers who have recently entered the industry. Launching for the 2018 season, the scheme will see eligible producers receive 100% of their clip value as an upfront payment for their first two years, along with a priority wool in-take and grading service through British Wool's nationwide depot network. Producers will then transition on to the standard payment scheme over the next three years by way of adjusted balancing payments so that, over the life of the five-year scheme, new entrants receive the same cash as they would have done had they been on the standard payment scheme throughout that period.