France will pay more than €5.04 billion in advance aid to 261,723 farms between 16 and 20 October under the EU’s Common Agricultural Policy (CAP). The payments are intended to support farm cash flow after drought and summer heat.
Annie Genevard, France’s Minister of Agriculture, Agrifood and Food Sovereignty, raised the advance rate for first-pillar CAP aid from 70% to 75%. The rate for the compensatory allowance for natural handicaps will remain at 85%, the maximum permitted by the European Union.
The payments cover the main CAP income support schemes, including basic income support, additional aid for young farmers, the eco-scheme and redistributive aid. They also include certain structural measures, notably the compensatory allowance for natural handicaps and most animal-related coupled aid.
