December 17, 2020 9:02 am
A study carried out by the European Commission’s Joint Research Centre (JRC) has confirmed that existing debt is preventing a significant number of farmers across the EU from looking to the future with any degree of confidence.
In addition, such circumstances will commit these farmers to continuing with existing management practices, rather than grasping the opportunity that could be presented by new business models.
The JRC report was discussed at this week’s 2020 EU Agricultural Outlook conference in Brussels. Entitled ‘Farmers 2040’, its content and recommendations take account of the major economic factors that will impact on European agriculture over the next 30 years.
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