EU: Is it possible for the state to intervene against the purchase of production below cost?

Cow Milk

Published Feb 29, 2024

Tridge summary

Janusz Wojciechowski, the European Commissioner for Agriculture, has proposed a new law aimed at preventing farmers in the European Union from selling their produce below cost. The law, mirroring a similar one in France, is designed to provide financial stability for farmers and reduce production costs. The move comes amid declining farmers' incomes and consumer purchasing power, coupled with growing demands for sustainable and humane farming practices. The law would also regulate the buying of agricultural produce to ensure it is not purchased below cost.

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Original content

Farmers should not sell below cost and this should be regulated by law throughout the European Union. The proposal was made by the European Commissioner for Agriculture, Janusz Wojciechowski, quoted by Reuters. Read more: There is a chance for farmers who are "inactive" to receive their subsidies A similar law to guarantee fair prices to farmers is already in place in France. It would be a lifesaver for producers throughout the EU, to have security in their business and to reduce the cost of their production. There are several reasons why all farmers, including in Bulgaria, want such a law. In the last three years, their incomes have decreased dramatically, as has the purchasing power of consumers. At the expense of this, the demands on farmers for tillage, humane animal husbandry and nature protection in general are increasing. "For years, we have been demanding that the state intervene in giving out pastures and pastures only to farmers with animals, free of charge or at a price ...

Source: Agri