France is set to spend more than €1 billion on urgent French farmer aid to combat the devastating impact of this summer’s heatwaves and drought. The significant financial package will help farmers navigate severe losses, according to French Agriculture Minister Annie Genevard.
The comprehensive scheme aims to prevent bankruptcies across the agricultural sector. Moreover, it will ensure that vital agricultural production quickly gets back on track. This support specifically targets the purchase of essential seeds and fodder for livestock.
Minister Genevard highlighted the dire situation for many producers. Between 30,000 and 35,000 farms, approximately 10 percent of French agricultural businesses, are currently in a precarious state or risk falling into one.
Three key programs form the core of the government’s spending. Firstly, payments under the “national solidarity” scheme, designed to compensate for crop losses, will be accelerated. This fund will receive a top-up, reaching a total of €520 million, pending the adoption of the country’s 2027 budget.
Secondly, an “agricultural recovery fund” totaling €235 million will offer targeted assistance. This fund specifically supports the most vulnerable and hardest-hit farms across the produce, cereal, and livestock sectors. Furthermore, a new tax relief scheme on unbuilt land will reduce state tax revenue by €330 million.
The government is also considering expanding an existing program. This initiative helps farmers purchase crucial fertilizer and non-road agricultural diesel. Minister Genevard urged the retail sector to maintain price stability, playing its part in the recovery effort.
Part of this French farmer aid is already financed for the current year. However, more funds will be needed in the upcoming budget. Prime Minister Sébastien Lecornu will present this budget at the end of September. “This is new money,” Genevard affirmed, emphasizing the fresh commitment.
Looking ahead, the government plans to detail a broader “recovery plan” for farmers. Key measures from this extensive plan are expected to feature prominently in the 2027 budget. Previously, Prime Minister Lecornu pledged a tax depreciation scheme for projects focused on agricultural innovation. He also promised further steps to adapt agriculture to ongoing climate change challenges.
