NVZ help on offer

NVZ help on offer

Friday, August 20, 2010

Farmers with concerns about the financial implications of new Nitrate Vulnerable Zone (NVZ) legislation can visit the Agricultural Mortgage Corporation (AMC) stand at The Dairy and Livestock Show on September 7th and 8th where there will be a focus on funding NVZ-related projects.

With fewer than 500 days to the full implementation of NVZ regulations on 1 January 2012, the AMC is suggesting affected farmers should start to plan with a sense of purpose to ensure full compliance and minimize the risk of future financial penalties.

"A well considered plan will help to keep your project on track and costs under control, and this will assist in securing cost effective funding," says Keith Thomas the AMC's Regional Agricultural Manager for Cheshire & North Midlands.

AMC has produced a new publication that will be freely available on its stand. The publication includes articles from the Environment Agency and farm business consultants Andersons as well as a guide to funding options for NVZ-related projects.

With closed periods for slurry applications a key feature of the NVZ regulations, the requirement to have up to 6 months of storage will mean many farmers will need to extend their existing capacity.

"We shall be focusing on how we can help farmers finance developments such as slurry store expansion, better slurry management systems or new cattle housing," says Mr Thomas.

The new AMC publication also contains a real case study that puts into a practical context how one dairy farmer has used a 20 year loan from AMC to install a system that will accommodate all the slurry from the 270 cow herd for five months over the winter.

"The case study explains how the new system has made the handling of slurry much easier and allowed the farm to reduce its fertiliser bill by more than £10,500 a year," says Keith Thomas. "The combination of a positive outcome for the business and sound financial planning has resulted in a more sustainable business going forward."

The AMC will be at stand number BM-247 in the Business Management Zone at the Dairy Event and Livestock Show. Those unable to visit the show can access a copy of AMC's NVZ guide by visiting www.amc.co.uk.


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