ActusQ Newsletter November 2024
ActusQ November newsletter about current topicalities in European and Latvian agricultural sector has been published! At the end of the newsletter you will find selected agricultural real estate offers.
The Rural Support Service gradually pays out advance payments for organic farming
Starting from November 25 of this year, the Rural Support Service (RSS) has been gradually disbursing advance payments for organic farming (OFP). So far, more than EUR 3.5 million has been paid to approximately 1500 farmers, and the payment process continues daily.
At the beginning of December, the RSS plans to make the final payment for the Basic Income Support for Sustainability (BISS), provide support to small-scale farmers, and make other area payments. The payment schedule and provisional support rates are available on the Rural Support Service website under “Support Rates and Payment Schedule”.
Information source: Rural Support Service
Key dates for farmers during the autumn season
Information about important dates during the autumn season from the Rural Support Service area payment calendar:
October 1
- Deadline to submit evidence for meeting the active farmer criteria. Farmers who do not meet the active farmer conditions can submit evidence by October 1 to prove compliance with the active farmer criteria regarding agricultural employees or agricultural activity costs.
- Deadline to submit a declaration for agricultural wages. Farms with agricultural land exceeding 1020 hectares and the basic income support for sustainability exceeding EUR 100 000 can submit a declaration for agricultural wages for the year 2023.
October 31
- Cover crops and grasses, registered under EKO2 scheme, must be maintained at least until this date.
November 15
- From November 15 of this year until February 15 of the following year, a soil cover must be ensured to meet the mandatory LLVS6 requirement of the Conditionality System for the 2025 season. It is also required to meet the conditions for EKO1 or EKO7 support types, if applying through the Geospatial Application. Soil cover can be maintained with planted crops, grasses, keeping stubble, or leaving the area uncultivated after harvesting.
Information source: Rural Support Service
Explore ActusQ Agriestate property catalog
Explore our property catalog showcasing agricultural offers in Latvia! From fertile lands to lush forests and thriving farms, we’ve curated a diverse selection of properties in various sizes to suit your investment needs. Don’t miss out on the chance to be a part of the flourishing agricultural sector in the Baltic region.
In case of interest, please contact us by writing to the e-mail actusQ@actusQ.lv and we will contact you!
The Rural Support Service provides support to farmers for damage caused by hail in 2023
On August 27th, the Rural Support Service (RSS) paid out EUR 980 000 in support to farmers for the damage caused by hail in 2023. This support in the crop sector is granted to those farmers who provided RSS with information about the crop areas affected by the storm and hail on August 7, 2023, including submitting photos and details indicating the damaged crops and the affected area in hectares. This allowed for the documentation of specific natural damage in individual farms within a particular region.
The support from RSS was distributed to 117 farms, covering a total area of 1,791 hectares. The hail damaged areas were planted with spring wheat, winter wheat, winter rapeseed, peas, and other crops.
The support is paid for areas that were not insured and were registered for area payments in 2023, as well as meeting other conditions.
More detailed information on the conditions can be found in the “State Support Allocation Procedure for Storm-Related Losses in the Crop Sector in 2023.”
Information source: Rural Support Service