Weaker pound means more money for pre 1996 cattle in OCDS
7 May 2008
Farmers with pre 1996 cattle are being urged to take advantage of the weaker pound and not leave it until the last minute to register animals for the Older Cattle Disposal Scheme.
The latest figure for OCDS compensation issued by the Rural Payments Agency, which is based on a flat rate of 293 Euros, means any cattle entering the scheme and meeting the required criteria would be worth £230.72 in compensation. The weaker pound means farmers will receive more per animal than they did last year, even though the flat rate payment was ten per cent higher at 324 Euros.
NFU livestock adviser Alastair Johnston said: "It is important farmers book their older cows and bulls born and reared in the UK before August 1 1996 into the OCDS sooner rather than later, or they could lose compensation if they leave it too late. It is in producers' best interests to make the most of the weaker pound and get cattle entered."
Notes to editors:
Livestock keepers wishing to present animals for slaughter between October 1 and December 31 2008 must make the booking by September 30. Slaughter slots can only be allocated via the booking system and abattoir must be notified by reference to the ear tag number of the animal.
If you cannot make a slot after making a booking it is important the abattoir is notified as soon as possible so the slot can be freed for someone else.
Visit www.rpa.gov.uk to check slaughter availability
