| Abstract |
farm structure in Austria and level of educationchallenges of more volatile markets / more uncertain yieldsmore uncertainty about revenues and costsspecialisation and liquidity problems – not alleviated by EU direct paymentspolitical measures: late, uncertain, no legal title, wrong incentivestax credits – not relevant in Austria for most farmsprice hedging instruments steep learning curve and intransparent marketsmost frequently used: service of buying co-operatives control of accumulation risksdetails of contract are attractive for farmerse.g. monthly benefits for milk producersbenefits at the time of sale for pig, piglet, grain producerscombination with production risk insurance with discountsgovernment support during introduction period / as a new policy instrumentmarketing and sales: wholesale buyers / dairies / producer organisations offer margin insurance as a service |
