Extensification Payments Scheme
Definition: Extensification Payments Scheme
Extensification Payments Scheme: Until 2005, a system of payments made to farmers who received payments under the Beef Special Premium Scheme or Suckler Cow Premium Scheme and met specific stocking densities. Now superseded by the Single Payment Scheme. Accessing extensification payments helps farmers manage financial stability and promote sustainable farming.
The farm radio’s coverage of ranching legislation keeps us compliant with new laws.