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Milk Production Strategies for Farmers in the EU Under New Policy Regulations AgEcon
Fuchs, Clemens.
The recent reform of the agricultural policy in the EU provides totally new frame conditions for farmers. Main components of the reform are the decoupling of direct payments and particular for dairy farmers the reduction of intervention prices for milk products such as butter and SMP. The objective of this analysis is to develop strategies for dairy farmers considering the initial situation of four typical farm sizes at different productivity levels, debt-to-equity ratios and risk attitudes. The uncertainty of the price development for milk itself as well as for milk quotas will be covered using Monte Carlo simulations. Due to decreasing intervention prices profitability of milk production is endangered in most dairy farms and the values of assets will...
Tipo: Conference Paper or Presentation Palavras-chave: CAP-Reform; Milk production; Optimal investment strategies; Monte Carlo simulation; Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/24230
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The Influence of Per-hectare Premiums on Prices for Rented Agricultural Area and on Agricultural Land Prices AgEcon
Fuchs, Clemens.
Within the framework of decreasing support for agricultural incomes by market measures, the per-hectare premiums (ha-premiums) clearly have the task and the effect to stabilise farm incomes. Before direct aids were introduced, there had been periods with decreasing prices for agricultural land and for rented agricultural area in real terms, according to the Farm Accountancy Data Network (FADN) data base (specialised crop farms in 53 regions for 11 years) and EUROSTAT data (B, DK, D-W, F, NL in the period 1975 to 1999). Regression analysis is used to show the relationship between hapremiums, land rental prices and other relevant economic variables, such as land prices, rental share, livestock density, the price index of agricultural products and farm...
Tipo: Journal Article Palavras-chave: Land markets; Rental price; Per-hectare premiums; Agricultural and Food Policy; Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/98268
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Development of Land Markets in Selected EU-Countries and Land Ownership Strategies on the Farm Level AgEcon
Fuchs, Clemens.
The development of the land markets for selected European Countries (B, DK, D-W, F, NL) and the effects of agricultural policy reforms on land prices are analysed in "Part I - Land Markets at the Country Level" of this article. The variables describing the agricultural land markets are land prices, prices for rental land and the share of rented land. Over a longer period of about two decades, the prices for agricultural land have been decreasing in real terms in general (exception NL) while rental prices have been more stable. A regression analysis shows increasing price effects on prices for agricultural land and on rental prices due to the ha-premiums, which were introduced by the Common Agricultural Policy(CAP)-Reforms in 1992. In "Part II - Farm Level...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/24318
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