Government to Increase Fallen Stock Support
The rate of Government support for fallen stock collection is set to rise from 10% to 20% from mid- February through to mid-May 2008.
The increase has been negotiated for farmers by the all-farmer team of directors at the National Fallen Stock Company (NFSCo) with Defra and the devolved regions.
Michael Seals, NFSCo chairman, said: "Given that stock losses during the spring lambing and calving period are significantly higher than the rest of the year, we have successfully lobbied for an increase in direct support for stock disposal, which is particularly important given the current economic pressures on the livestock sector.
"This change in support will be automatically reflected in the reduced rate that farmers are charged by their local collector between the dates of 15 February and 15 May 2008."
This is the second cost-saving action from NFSCo. Prior to Christmas, Seals also announced that the membership fee for farmers had been reduced from £28 + VAT to £18 + VAT, to reflect a reduction in NFSCo's IT and administration costs.