Impact of the Amendment to the Regulation (EU) No. 1305/2013 on the Stabilization of Farmers’ Incomes
Impact of the Amendment to the Regulation (EU) No. 1305/2013 on the Stabilization of Farmers’ Incomes

Summary/Abstract: This paper addresses the issues related to legal protection of farmers’ incomes in the context of the need for income stabilization in view of agricultural risks. The volatility of agriculture becomes increasingly important in economic, social and political terms. This is recognized by multiple authorities, including the Union legislator, as reflected in amendments to legislative acts. Therefore, the purpose of this paper was to identify the direction in which the basic subsidized Union instruments for agricultural risk management evolve. This means in particular determining the trends followed by these instruments and assessing their attractiveness to agricultural producers. The new legal solutions seem to be more beneficial to agricultural producers as they tend to smooth over the negative impacts of production risk, in respect both to losses and incomes. However, their proper functioning continues to be hampered by the precise determination of farm incomes.

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