British Wool’s new entrant’s scheme is designed to support sheep farmers who have recently entered the industry.

It allows eligible producers to receive 100% of their clip value as an upfront payment for their first two years, along with a priority wool grading service through British Wool’s nationwide depot network.

Following this initial period, producers will transition on to the standard payment scheme over the next three years by way of adjusted balancing payments. In order to be eligible for the scheme a producer must not have previously been registered with British Wool and have kept sheep for less than 5 years.

Eligible new entrants will receive their wool payments as follows:

  • Year 1 – the advance payment will be set to 100% of the prior year’s clip value
  • Year 2 – the advance payment will be set to 100% of the prior year’s clip value plus/minus any balance from the previous year
  • Year 3 – the advance payment will be set to 75% of the prior year’s clip value plus/minus any balance from the previous year
  • Year 4 – the advance payment will be set to 50% of the prior year’s clip value plus/minus any balance from the previous year
  • Year 5 onwards – the advance payment will be set to 25% of the prior year’s clip value plus/minus any balance from the previous year
  • Year 6 onwards – payments will be in line with all other British Wool registered producers

To be eligible a farmer must have:

  • Not previously been registered with British Wool
  • Have kept sheep for less than 5 years

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