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When will SFP end?

  • 27-02-2012 10:21pm
    #1
    eamon11
    Site Banned Posts: 518 ✭✭✭


    anyone know?


Comments

  • #2
    djmc
    Registered Users, Registered Users 2 Posts: 1,611 ✭✭✭djmc


    I think it will be there until at least 2020 and probably long after that unless
    something goes very wrong with finance in europe.
    what name it is under and how much it will be worth will be anyones guess


  • #3
    5live
    Closed Accounts Posts: 4,438 ✭✭✭5live


    eamon11 wrote: »
    anyone know?
    Current SFP due to end in 2013 to be replaced by a new one start of 2014. But as djmc says due to the current debacle over finance, the current system will probably be rolled over for another year unless they agree an end to the debt cycle and can get around then to debate the structure of the new CAP


  • #4
    bob charles
    Registered Users, Registered Users 2 Posts: 6,343 ✭✭✭bob charles


    soon hopefully:rolleyes:, in reality .........years


  • #5
    GERMAN ROCKS
    Banned (with Prison Access) Posts: 1,796 ✭✭✭GERMAN ROCKS


    i think the sfp was the worst thing ever introduced to farming. instead we should be paid a lot better for our produce. its currently driving rental land prices mad as come 2014 it could depend how much land a person has in that year wether owned or rented. priced grass land in cork last week.it was at €260 an acre and there was still 3 farmers interested in it. how can someone make money with paying this much for land.


  • #6
    Username John
    Closed Accounts Posts: 4,237 ✭✭✭Username John


    Slightly off topic, but semi-related.

    Do people think it would still be worthwhile to buy entitlements? And if so - how many 'times' their face value?
    (I thik they are usually traded in such a % increase on their entitlement value is it?)


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  • #7
    PANADOL
    Registered Users Posts: 173 ✭✭PANADOL


    Username John wrote: »
    Slightly off topic, but semi-related.

    Do people think it would still be worthwhile to buy entitlements? And if so - how many 'times' their face value?
    (I thik they are usually traded in such a % increase on their entitlement value is it?)[/QUO
    Yes still worth while buying them its really comes down to simple maths 2 years left prob three if you buy them at a low multiple ie 1.2 to 1.3 their value , i bought last week at 1.3 you will get your money back in the second year ie 2013 so as long as you dont pay too much for them!!


  • #8
    Username John
    Closed Accounts Posts: 4,237 ✭✭✭Username John


    PANADOL wrote: »
    Username John wrote: »
    Slightly off topic, but semi-related.

    Do people think it would still be worthwhile to buy entitlements? And if so - how many 'times' their face value?
    (I thik they are usually traded in such a % increase on their entitlement value is it?)
    Yes still worth while buying them its really comes down to simple maths 2 years left prob three if you buy them at a low multiple ie 1.2 to 1.3 their value , i bought last week at 1.3 you will get your money back in the second year ie 2013 so as long as you dont pay too much for them!!

    Thanks Panadol (good username too) ;)

    1.3 seems good value - I thought / heard they were up on 1.5 times. But maybe that was only talk.


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