Trade in entitlements begins

SINGLE Farm Payment entitlements are trading at about €150 per hectare, with individual sellers offering amounts from as little as 50 or less to 1,500 entitlements from larger holders.

A “use or lose” clause has triggered the first season of worthwhile trading in farm entitlements.

Farmers with entitlements have to use them within three years, which are up this year, and some farmers are putting them on the market.