The table outlines the quantity of milk quota offered into Temporary Leasing Schemes in each of the past five years, and the quantity of milk quota involved in land and quota leases in each of those years.
Quota year
|
Quantity offered into Temporary Leasing Scheme — all stages
|
Quantity of Quota leased with land
|
|
(Million Litres)
|
(Million Litres)
|
2005/2006
|
94
|
91
|
2004/2005
|
30
|
194
|
2003/2004
|
159
|
250
|
2002/2003
|
201
|
236
|
2001/2002
|
185
|
300
|
Generally most land and quota leases run for more than one year, therefore the figures shown for a particular year combine the amount of quota subject to lease for the first time in the particular year, quota involved in leases commenced in an earlier year which continue in the particular year and the quota involved in leases renewed in the particular year.
Prior to 2003/04 a different method was used for compiling statistics for land and quota leasing, so figures for 2001/02 and 2002/03 may not be directly comparable with subsequent years.
The definitive figures for the 2005/6 Temporary Leasing Scheme have not yet been completed and the figure shown is an estimate only. A substantial part of the quota offered in 2005/6 was not allocated.