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Home / Markets

Bayer’s Survey Demonstrates Economic and Climatic Challenges Affecting Farmers

 avatar Andrey Viktorov
September 29, 2023, 8:00 pm
September 29, 2023, 8:00 pm
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Bayer’s Survey Demonstrates Economic and Climatic Challenges Affecting Farmers
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More than 70% of farmers worldwide have already experienced significant effects of climate change on their operations, according to a new global survey, conducted by Bayer. The research, which spanned eight countries, found that farmers have, on average, witnessed a 15.7% reduction in income over the past two years due to climatic shifts. One in six farmers reported even higher losses, exceeding 25%.

The “Farmer Voice” survey was released today, shedding light on the difficulties facing farmers as they attempt to adapt to and mitigate the impacts of climate change. The life science company Bayer commissioned an independent agency to conduct interviews with 800 farmers. These participants represent a diverse range of farm sizes and are equally distributed among Australia, Brazil, China, Germany, India, Kenya, Ukraine, and the United States.

A notable 76% of farmers expect the negative repercussions of climate change to persist, with those in Kenya and India showing the greatest concern. Rodrigo Santos, Member of the Board of Management of Bayer AG and President of the Crop Science Division, stressed that the survey results are a “direct threat to global food security” and should act as a catalyst for making agriculture more sustainable.

Pressing Economic Challenges

While the detrimental impacts of climate change are significant, the survey revealed that farmers are also grappling with economic challenges. Fertilizer costs are a top concern for 55% of respondents, followed by energy costs (47%), price and income volatility (37%), and crop protection costs (36%). In Ukraine, 70% of farmers cited the high cost of fertilizers as one of their primary concerns, adding that ongoing conflicts have led to a general disruption that poses a significant challenge for 40% of them.

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Proactive Steps and Valuing Innovation

The survey found that over 80% of farmers are either already implementing or planning to implement measures to reduce greenhouse gas emissions. The focus for most is on cover crops, renewable energy, and innovative seed technologies. All surveyed farmers indicated that they are either taking or intend to take steps to enhance biodiversity, with 54% already implementing or planning to implement insect protection measures.

Farmers also show an inclination towards innovation as a means to address challenges. Approximately 53% would benefit from access to seeds that can withstand extreme weather conditions, while 50% emphasized the need for better crop protection technology.

A Glimpse into Smallholder Farming in India

In a separate but related survey, Bayer interviewed 2,056 smallholder farmers in India. While they face high labor and fertilizer costs like their global counterparts, they remain optimistic about the future, with 80% expressing a positive outlook. Many smallholder farmers see digital technologies and modern crop protection as key to overcoming future challenges.

Common Ground

The “Farmer Voice” survey highlighted that despite geographical differences, farmers globally share a common perspective on the immediate challenges and future prospects. Rodrigo Santos of Bayer concluded that the farmers’ collective outlook “is a call to action for the entire food system to innovate, collaborate, and deliver the solutions farmers need.”

The survey was independently conducted by Kekst CNC between April and July 2023, with additional input from 2,056 smallholder farmers in India surveyed between May and June 2023. The full report is available on Bayer’s website.

Bayer
climate change
ecology
food crisis
global warming

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Selena Hampton
May 15, 07:17 am
The topics covered here are always so interesting and unique Thank you for keeping me informed and entertained!
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May 15, 07:15 am
This is exactly what I needed to read today Your words have provided me with much-needed reassurance and comfort
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Greece meeds biological fertilizers! Great news about De sangosse.
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Is it a Roundup lawsuit or more about bad financials? I think the market reacted only to announced financial results.
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August 22, 2024, 07:57 pm
Europe is falling behind in this field. The concerns 30 years ago was reasonable. Now not so much. We need crops that can survive in a more extreme future climate. Handle droughts and hot weather better. Crops that are less tasty to pests like hogs and deere.
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