The farming profession and the profitability challenge (own-initiative opinion)

EESC opinion: The farming profession and the profitability challenge (own-initiative opinion)

Key points

  • Farm profitability and economic viability is a serious issue in the EU, where the income of a farmer is, on average, only 46.5% of other economic sectors.
  • A fair, transparent, well-functioning and equitable food supply chain is needed in the EU: one that is good for farmers and all stakeholders including processors, retailers and, above all, consumers.
  • At national level, consideration should be given to a reverse market negotiation approach through the establishment of value chains that aims to give farmers a monthly income of two times the minimum wage.