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Risk management in agriculture: Towards market solutions in the EU
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Publication date
17/09/2010
Number of Pages
31
Language:
English
Type of Publication:
Working Papers & Briefs
Focus Region:
Europe
Focus Topic:
Market / Trade
Agricultural Value Chains / Agri-Businesses
Commodity:
Other
Author
Claire Schaffnit-Chatterjee, Deutsche Bank Research
Organization
Deutsche Bank Research
Volatility in agriculture is expected to increase – production volatility, mostly driven by climate change as well as price volatility, due to higher production volatility, a tight supply/demand balance, volatile energy prices, and other factors. The responsibility to manage risks is increasingly in farmers’ hands. The EU’s Common Agricultural Policy is undergoing major reform towards greater market orientation. Tighter budgets as well as environmental and trade consider- ations have led to the reduction of market interventions. The post-2013 CAP is currently being discussed along those lines.
Author Claire Schaffnit-Chatterjee +49 69 910-31821 claire.schaffnit- [email protected]