While the current BEAM scheme money is hitting bank accounts around the country, many farmers are still grappling with reducing stock numbers for the last BEAM scheme.
Speaking to farmers on the ground, many are confused about where they stand. The Department of Agriculture indicated earlier in the year that a calculator would be available to farmers but, so far, this has not been rolled out.
Some have been asked when money will be recouped if scheme targets aren’t met. The likelihood is that the money would be held back from payments due to you in the second half of 2021.
A reduction of less than 4% will result in a 100% penalty. A reduction of between 4% and 4.99% will incur a penalty on a sliding scale ranging from 20% to 80%.
Table 1 can be filled out for your farm to see where you stand on stocking rate for the remainder of the reference period.
Be careful to take account of newborn to one-year-olds changing to one- to two-year-olds when they go across 12 months. You can get the figure that you need to reduce by on your agfood portal. Take action as early as you can to avoid running into problems in May and June 2021. The “A” value in Table 1 should be 5% less than your reference period for nitrogen production.
Farm one
Holding with 70 suckler cows and 70 calves to be sold at 12 months has a total nitrogen figure of 6,230kg for the year. 5% reduction required is 312kg.
Farm two
Holding with 70 one- to two-year-old cattle has a total nitrogen figure of 3,990kg for the year; the 5% reduction required equates to 200kg.
Farm three
Holding with 14 suckler cows and 12 calves to be sold at 12 months has a total nitrogen figure of 1,198 for the year; the 5% reduction required equates to 60kg.