More than 40 thousand farmers receive advance area payment on the very first day
On October 16, 2020, the Rural Support Service of Latvia (RSS) disbursed the advance area payment to record number of clients - 41,7 thousand farmers. The total amount paid on the first day was around 90 million euros. Last year, 80 million euros were paid out on the first day.
In total, 121.6 million euros were paid in the area payments in October. More information on rates and disbursement schedule can be found on the website section "Area payments".
The advance area payment is paid out in the amount of 70 percent - in advance farmers receive 61 euros per hectare. The advance payment for organic farming is 85 percent, the rate (depending on the crops) is from 97 to 485 euros per hectare.
The RSS reminds that for those farmers who have received an advance payment as a short-term loan in the summer, the loan will be deducted from the calculated amount of support. The farmer will receive the remaining amount in his account.