DFB interest payments are on the way

Dairy Farmers of Britain loanstock holders waiting for their next half yearly interest payment should receive it in the next few days, a spokesman has told Farmers Weekly today (20 May).

It had been estimated that around £400,000 was overdue at a rate of 2% above the Bank of England base rate for 2012 to 2017 loanstock, with 2018 loanstock accruing 4.75%.

The DFB spokesman said the delay to payments was due to a “technical issue” which had been resolved. “Payments have been made and farmers should receive the money over the next couple of days,” he said.