Economic Tools to Stabilise Farm Incomes in Austria

Agricultural incomes are very volatile as natural yield fluctuations and strongly fluctuating world market prices of agricultural goods jointly determine income. In this project, farmers, consultants and researchers will develop tools that contribute to a better management of these risks. The aim is to make information more quickly and easily accessible in order to speed up business decision-making processes. To this end, digital information systems will be developed that are easily accessible and make market information rapidly available. A planned result is a deeper understanding of the use of digital tools in Austrian agriculture.