Modulation plan to hit dairy farms hard. (European Policy News)

EU dairy holdings will at 2012 be providing 36% of the total circulating medium siphoned off from direct farm aids into other schemes in a less degree than the European Commission's plans for modulation, a French thought estimates.

The analysis, commissioned from INRA (national Institute for agricultural Research) by means of French milk authority ONILAIT, finds that in 2012 [euro]127 billion which would have gone to dairy holdings in direct aids will be redirected in consequence of modulation.

Dairy holdings' share of the modulation 'bill' in 2012 would thus be from one side of to the other a third of the [euro]353 billion which the scheme will shave facing direct aids to ...

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