1. The UK's decision to leave the European Union goes against the wishes of 71% of the UK food & drink industry, according to a poll by the Food and Drink Federation.
2. The Common Agricultural Policy(CAP) is a cornerstone of the EU, costing nearly 40pc of its budget or €58bn a year.
The CAP scheme has two main pillars: direct payments, known as the Basic Payment Scheme (BPS), and funding for the wider rural economy.
2. The Common Agricultural Policy(CAP) is a cornerstone of the EU, costing nearly 40pc of its budget or €58bn a year.
The CAP scheme has two main pillars: direct payments, known as the Basic Payment Scheme (BPS), and funding for the wider rural economy.
In 2015, UK farmers received almost €3.1bn (£2.4bn) in direct payments, according to the NFU.
Farmers have access to the €5.2bn (£4bn) pot of funding that has been allocated to the UK for rural development projects over the period 2014-2020, including €2.3bn that has been transferred from the BPS to the UK rural development programmes.
In total, 55 per cent of UK total income from farming comes from CAP support. Simply removing the CAP support, while it remained in place in the rest of Europe, "could devastate British farming".
But as per UKs farming minister, an advocate of BREXIT, it would create an £18bn a year “Brexit dividend”. This could be used to continue payments to farmers through an improved scheme.
3. Consultancy Agra Europe suggests land prices in UK would crash and 90 per cent of farmers could go out of business. It concluded: "What is certain is that no UK government would subsidise agriculture on the scale operated under the CAP."
Farmers have access to the €5.2bn (£4bn) pot of funding that has been allocated to the UK for rural development projects over the period 2014-2020, including €2.3bn that has been transferred from the BPS to the UK rural development programmes.
In total, 55 per cent of UK total income from farming comes from CAP support. Simply removing the CAP support, while it remained in place in the rest of Europe, "could devastate British farming".
But as per UKs farming minister, an advocate of BREXIT, it would create an £18bn a year “Brexit dividend”. This could be used to continue payments to farmers through an improved scheme.
3. Consultancy Agra Europe suggests land prices in UK would crash and 90 per cent of farmers could go out of business. It concluded: "What is certain is that no UK government would subsidise agriculture on the scale operated under the CAP."
