Applications under the Beef Exceptional Aid Measure(BEAM) were accepted from 19 August until 20 September of this year. In total 34,517 applications were received with a potential total payment of €78,192,380.
Arrangements for the processing of these applications are in place in order to ensure the timely issuing of payments under the measure in December of this year.
Some 19,135 farmers registered their interest in participating in the Beef Environmental Efficiency Pilot(BEEP) and they will qualify for payment provided they comply with the requirements to weigh each cow and calf and provide the requisite data to ICBF in accordance with the Terms and Conditions. The €20 million funding available will allow for payment of up to a maximum of €40 per calf.
Some 476,432 calves were registered to these 19,131 herds in the relevant period with a potential payment of €19,057,280 should all those calves be weighed. With three weeks remaining, 286,974 of these have had their weights recorded under BEEP to date. Payments to participants who have completed the requirements under the Pilot are scheduled to commence in the coming months.