The European beef sector is one of the most important agri-food sectors in Europe. It is characterized by great diversity and it is at the foundation of the economic fabric of many rural areas across the European Union. It provides a great number of jobs at each step of the value chain, from the farm […]
Producing Fuel and Feeds – a matter of security and sustainability for Europe
Introduction « I should like to draw your attention to a recent proposal of the European Commission to favour the use of biofuels. (…) The aim is to give by fiscal means a kickstart to the development of a viable biofuel industry in the Community. This initiative to establish a significant renewable energy source in […]
For a new deal in the EU food chain
Context Agriculture and agri-food constitute, together, one of the European Union’s main economic strengths. With a total turnover of €1 350 billion per year and 14 million jobs, agriculture and agri-food are not only one of Europe’s leading business sectors, but also one of its principal sources of employment. It is second only to the […]
Recommandations: How to improve the resilience of the EU agriculture
Agriculture will be faced in the future with growing climate and market volatility. Risk management tools will therfore be necessary to achieve the resilience of the large range of EU agriculture models ; This will not be obtained through a single tool at European level, but through a choice of complementary tools, most of them defined […]
The CAP: Where does the future lie?
The 2014 reform has consolidated the ‘public goods’ component of the Common Agricultural Policy. However, the economic reform of this policy, which remains the primary aim of the common European policy, is still to be finalised. Economic reform is a matter of meeting the most pressing societal challenge: sustainability of production, or, in other words, […]
Are futures the future for farmers?
An evaluation of agricultural futures as a risk management tool in the context of price volatility Agricultural markets have an inherent tendency towards instability. This is mainly because the supply and demand market fundamentals of the agricultural sector are characterised by rigidity, as food is a basic necessity for consumers and agricultural production is seasonal. […]
Has the Common Agricultural Policy realised its income objective?
An analysis of farm incomes in the European Union in comparison with the United States Improving the welfare of farmers has always been an important goal of the European agricultural policy. When the Common Agricultural Policy (CAP) was created in 1957, one of its five objectives included in the Treaty of Rome was “to ensure […]
How to tackle price and income volatility for farmers? An overview of international agricultural policies and instruments
(Executive summary available here in EN and FR) Introduction While the markets for agricultural commodities have an inherent tendency to be rather volatile, the price volatility of these products has been particularly high in the last decade. More specifically, sharp increases in global food prices in 2007-2008 and 2010-2011 were followed by recurring periods of […]