Adaptation to climate change in the European agriculture: A new tool for explicit cost accounting

Franz Sinabell


farm structure in Austria and level of education

challenges of more volatile markets / more uncertain yields

more uncertainty about revenues and costs

specialisation and liquidity problems – not alleviated by EU direct payments

political measures: late, uncertain, no legal title, wrong incentives

tax credits – not relevant in Austria for most farms

price hedging instruments steep learning curve and intransparent markets

most frequently used: service of buying co-operatives


control of accumulation risks

details of contract are attractive for farmers

e.g. monthly benefits for milk producers

benefits at the time of sale for pig, piglet, grain producers

combination with production risk insurance with discounts

government support during introduction period / as a new policy instrument

marketing and sales: wholesale buyers / dairies / producer organisations offer margin insurance as a service


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You can refer to a paper published in this series in the following format Author (2013) Title. FACCE MACSUR Reports 2: D-C1.3, where "D-C1.3" is the article ID en lieu of page range.