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FOREIGN AGRICULTURAL SERVICE
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| In March 2005, the European
Commission presented a discussion paper giving options for future risk
management policy. The paper floats several options including risk
insurance, for example, crop loss insurance with 50% EU funding possibly
out of the rural development budget. This idea had been rejected by
former Agricultural Commissioner Fischler a couple of years ago. The
second option is for some form of stabilization funds. The third
option is for income support payments where in any given year, a farmer's
income declines by 30%, up to 70% of the income losses would be made good.
Reports: |