Massive decreases in agricultural crop production

The latest European Commission report on the matter shows that the water deficit in Romania between 1 May and 15 June of the current year was worrying. The most affected crop in Romania as a result of the drought is winter barley, with a decrease in the average production per hectare of over 5% compared to the average of the last five years. According to a report conducted by the analysts at Strategie Grains of France, the European Union’s soft wheat production fell by one million tonnes, reaching 141 million tonnes, while the total production of durum wheat was estimated at 7.7 million tonnes, 700 000 tonnes less than in the previous report. Because of this massive decline as a result of the drought in recent years, there will be less money from agriculture in the state budget. Romania’s agricultural production accounts for 7% of the country’s gross domestic product. The recent drought has compromised about 1 million hectares of arable land.

Are there any financing axes at EU level that could be accessed by farmers as compensation for damaged crops?

What is the Commission’s point of view regarding the effects of drought on agricultural production in the EU this year?