The crisis almost double the non-performing loans in the agricultural sector in two years

Doubtful debts loans have skyrocketed in the agricultural sector. The delinquency rate is has practically doubled, 4.08% which meant in 2010, 8.55% from the third quarter of 2012. They are, by volume, of 1,783 million euro. For the Union of unions of farmers and ranchers, although this percentage is located in the middle of the existing in the rest of the economic activities, it's a figure that reflects the bad evolution of the agricultural sector: in 2006 this rate was only 1.26%. Appropriations, have also dwindled about 26 billion in 2008 to late 2012 20.850.

For the agricultural organization, this situation highlights the ineffectiveness of the measures taken by the Administration to overcome the crisis, so claiming a specific financing plan for the sector, which provides for mechanisms to refinance debt and promote economic stability of farms.

In particular, sector claims an entity or a specific financial branch within the current public instruments for channelling the access to funding to develop agricultural activity from the field to the processing and marketing. They are also demanding a law for the rescue of firms in difficulty based on the guidelines on State aid for the restructuring of enterprises.

Finance; Economic; Business

Finance; Economic; Business

The agricultural income in 2012 rose less than in 2002

The agricultural income fell in 2012 by the effect of inflation. On the role increased 2.4%, to 22.722 billion, according to the Ministry of agriculture. On the other hand, when you apply the effect of inflation, the agricultural income had a negative balance, the CPI of 2012 was 2.9%.

This figure is below the levels of a decade ago, when he reached the nearly 24,000 million. Subsidies represent 28.7% with a volume of 6.526 million euros. Official data reflect the process of decline of the number of assets in the sector in terms of units of work year (UTA, the work done by one person full time for a year), at 881,000 euros compared to more than one million in 2006.

The value of agricultural production amounted to 43.151 million with an increase of 4.3% from the previous year. This increase was the result mainly of good reported prices for the quasi-totality of the agricultural and livestock productions.

In the agricultural sub-sector, the bad weather decimated the volume of harvest, mainly in cereals, with a fall of 20%, industrial crops, vegetables, potatoes, or wine. However, this decline was offset by a general rise in prices up to a total value of 25.152 million, representing an increase of 1% on 2011.

The best results were achieved in the livestock subsector with a general maintenance of the yields with price rises. Is the almost sole exception the poultry setting where, consequence of the application of the rules on animal welfare, they produced a strong crop of the cabin that caused a rise in prices of 46%. Milk and sheep suffered the brunt with nearly frozen prices. The value of livestock production amounted to 16.362 million with an increase of 10%.

The set of data on the performance of the agricultural sector highlights the cost of the means of production which amounted to 21,247 million, a 6.4% more in 2011, with rises widespread where include fertilizers, seeds and animal feed.

Finance; Economic; Business

Finance; Economic; Business