Definition: Losses in agriculture

Category: National accounts

Losses in agriculture can be classified into seven major categories ( ):
1. losses of crop products due to bad weather (frost, drought, heavy rain);
2. losses of crop products due to their perishable nature or diseases;
3. losses of livestock due to epidemics or diseases;
4. losses due to market conditions (withdrawal of fruit, vegetables, etc.)
5. losses of intermediate consumption products (fertilisers, feedingstuffs, etc.);
6. losses of assets due to "normal" accidents (such as fires, flooding, etc.);
7. catastrophic losses.

The first five categories of losses can be regarded as recurrent losses (although the loss of animals through epidemics might be treated as an unexpected accidental loss). Losses falling under Category 6 constitute unexpected accidental losses, while all those in Category 7 must, of course, be recorded as catastrophic losses. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-27-00-782-__-I-EN.pdf