Abstract: Climate change is noticed and well established phenomenon, described as change in the statistical properties of the climate system, considered over long period of time, regardless of cause (Houghton, 1996). This change has been monitored on global (Rosenzweig et al., 1994; Harrison et al., 1995; Wolf et al., 1995; Watson et al., 1996; Downing et al., 2000; Sathaye et al., 1997; Sirotenko et al., 1997) and regional scale (Alexandrov et al., 2002; Lalic et al., 2012; Vučetić, 2011) by researchers, organizations and part of various programmes (IPCC, UNESCO Climate Change Initiative). In a same time, it was analysed change in agroclimatic indices, soil and water balance, crop development and yield, that quantify climate change impact on agricultural production. In recent regional studies and research projects (COST 734, 2008; ADAGIO, 2009), it was estimated and quantified climate change impact on yield and development in crop production of Central and Eastern European countries and Mediterranean region. The research showed a decrease in yield in several major crops, important in national food production and part of economy. A high variability in yield from year to year and decrease in yield was showed for most cereals.

Abstract: Clover-grasses address the following objectives:– Decreased input use (N-fertilization), reduced dependency ofinorganic N => reduced GHG emissions– Possibility for increased protein content of silage, reduceddependency on purchased protein feed supplement (homegrown proteins, resilience)© Natural Resources Institute Finland– Better utilisation of farmland in the context of climate changein the north: Higher T – improved N fixation– Compatible with sustainable agriculture and sustainableintensification: more output with the same inputs / the sameoutput with reduced (non-renewable) inputs• In contrast: Shifting to silage maize increases N fertilisation– Major shift from grasslands to silage maize in e.g. Denmark 1. Small cost reductions in clover-grass cultivation, or clover-grasspremiums, may or may not increase clover cultivation- Their effectiveness is uncertain and subject to prices2. N tax is effective, but is not a suitable policy action in currentfinancial situation of farms (milk crisis 2015-2016)3. However, the results suggest that a 25% higher N price lead to© Natural Resources Institute Finlandsignificantly higher clover grass area and a small reduction ínmilk output – with no cost reductions or extra premiums!4. To increase clover cultivation, price ratios should be adjusted!5. If increasing clover -grass yield, a robust increase in clovergrass areas may realise, with small benefits for farm economyand overall production – How much more clover grass yieldcould be attained at low costs? A topic for further discussionand analysis

Abstract: 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