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Agricultural Support Sector

Volume 449: debated on Monday 24 July 2006

To ask the Secretary of State for Environment, Food and Rural Affairs what recent assessment his Department has made of the impact of the delay to single farm payments on the farm machinery business; and if he will make a statement. (84613)

UK tractor registrations, a broad indicator of the strength of the domestic market for agricultural equipment, have increased marginally in the first half of 2006. However, individual businesses may, to varying effects, have been affected in the short term by the cash flow issues faced by farmers as a result of the timing of payments under the 2005 single payment scheme (SPS).