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Farmers are often confronted with substantial changes in the prices they receive for the sale of their agricultural products, which causes financial uncertainty about their incomes. Commonly referred to as 'price volatility', this phenomenon is more evident in agriculture than in other economic sectors due to a variety of economic, natural and political factors. Data provided by the United Nations Food and Agriculture Organisation suggest that global price volatility has been on the increase since ...

The study aims at reviewing the implementing arrangements adopted recently by the EU Member States with regard to the risk management provisions in the agricultural sector. The study develops a general overview of the state of play of risk management in 2014/2020 Rural Development Programmes submitted by Member States (or Regions); examines similarities and differences in risk management tools implemented in order to gain a better understanding of their scope, their design, their limits and their ...

This note provides an extended analysis on private strategies that could be adopted by farmers to manage their risk and on the role that public policies might play in supporting such strategies, providing a comparison between EU and North American tools. The ultimate objective is the definition of a framework of policy instruments that could be adopted at EU-wide and at MS level to effectively confront the problem of risk and crises management in agriculture.

The growing uncertainties faced by agriculture can be successfully managed by means of insurance. The Spanish agricultural insurance scheme is based on a mixed “public/private” model and is designed to guarantee crop and livestock farmers coverage for any uncontrollable natural phenomenon. The system is consolidated, with an establishment of 55%, and it now has the experience to advance, bringing in new coverages such as market risks.