More than 99% of Basic Payment Scheme, Greening and Young Farmer Payment has been made, exceeding the target of 95.24%.
All payment targets across Direct and Rural Development Payments for 2021 have been met.
Rural Affairs Secretary Mairi Gougeon said:
“The global pandemic and the impact of the illegal invasion of the Ukraine has highlighted the importance of food chains and food security.
“These events have also demonstrated how hard the agriculture sector works to put high-quality, nutritious food on our plates.
“I am delighted that this target has been met and payments of more than £417 million have been made to more than 17, 484 businesses.
“In addition, £40 million has been issued to almost 6,500 businesses through the Scottish Suckler Beef Support Scheme, while a further £7 million has been issued through the Scottish Upland Sheep Support Scheme.
“Including payments to land based rural development schemes of £100.4 million, means that £564.7 million has been paid out in total.
“There has also been measurable improvements in processing applications and payments over the previous two years ensuring the sector is receiving funds on time.
“These payments provide support to our crofters and farmers, as well as the rural economy as a whole.”