Sunday, September 17, 2006

Co-op gets farm subsidies divi

The leading recipient of CAP direct aid in the UK in 2004 was Farmcare Ltd., the large scale farming group owned by the Co-op. It got a divi of £2.359m from CAP, down from about £2.6m in 2003. All of the top five English aid recipients were farm businesses or co-operatives, Strutt & Parker (farms) coming in second with £1.382m.

However, private landowners also feature in the list. Sir Richard Sutton's Settled Estates got £917,650.93p. Lord Rayleigh's farms got £571,808.88p. Grovesnor Farms, owned by the Duke of Westminster, reputedly one of the richest men in the UK, came 45th in the list taking £421,000.

Sugar and dairy sector companies dominated the list of non-CAP payments, accounting for all of the companies in the top ten. Sugar importers and refiners Tate and Lyle claimed a cool £125m with traders C. Cazrinkow Sugar coming in second with some £39.4m. Fairfield Foods Ireland got £18.3m while Nestlé had to be content with £5.16m. The agricultural division of multinational Cargill got a mere £1.478m.

The data revealed by Defra shows that farmers were paid a total of £1.4 billion in 2004/5. Non-farm payments totalled £431m, making the overall total over £1.84 billion.

More information on subsidies across the EU (at least for those countries that have released data) can be found at Jack Thurston's web page: Subsidies

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