Grazing areas fetch better prices than expected
REPORTS from auctions indicate rents for seasonal grazing land across Scotland are better than anticipated.
They had been expected to decline this year in line with livestock prices.
One reason could be that farmers with herds and flocks of breeding livestock want to maximise the subsidy they can rake in through the extensification premium, writes The Scotsman.
The extensification premium is aimed at persuading farmers to adopt less intensive stocking and offers payments on eligible animals if specific conditions are fulfilled.
- The Scotsman 27/03/98 page 31