Prince Charles has set up a rural fund which will donate £40,000 to charities which are helping farmers through the financial crisis caused by feed shortages and late single farm payments.
The money is being drawn from a special emergency funding stream set aside by The Prince's Countryside Fund and will be donated to ARC Addington Trust and the Farm Crisis Network. ARC Addington supplies grants to normally viable farm businesses that are in financial hardship due to unexpected circumstances. It will receive £25,000 from the donation.
“Following the poor season for forage production and much higher consumption than budgeted due to harsh weather, applications for grants have risen by 350%,” said a spokeswoman for the Prince of Wales.
The rest of the money - £15,000 - will go to the Farm Crisis Network where case work has doubled as a result of the delay to many farmers single farm payment.