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Martin O’Sullivan: The economics of purchasing entitlements: Lower value provides higher return

It has been more than 17 years since the SPS heralded the introduction of payment entitlements as a means of decoupling direct support from production.

While the names of the schemes have changed, the nature of the entitlements has remained the same, except that the small, less intensive farmer receives progressively more and the large, more intensive farmer progressively less.

https://www.independent.ie/business/farming/agri-business/finance/martin-osullivan-the-economics-of-buying-entitlements-lower-value-will-offer-a-higher-return-41555890.html Martin O’Sullivan: The economics of purchasing entitlements: Lower value provides higher return

Fry Electronics Team

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