(1)

Pursuant to Article 68(8) of Regulation (EC) No 73/2009, by 1 September 2012, Member States could review the decision referred to in Article 69(1) of that Regulation and decide, with effect from 2013, to modify the amounts for the funding of the specific support provided for in Article 68(1) or put an end to the application of that support.

(2)

As a result of the continuous increase of feed prices due to adverse climatic conditions having affected some of the most important Union and world suppliers of grains in 2012, Member States are facing an aggravation of the economic situation of agricultural holdings, particularly in the dairy, beef and veal and sheep and goat sectors. Those sectors were, at the end of that year, encountering severe financial difficulties due to the significant share of feed prices in their production costs. An emergency situation has ensued where there exists a real risk of a slowing or a suspension of the activity leading eventually to a decrease or an abandonment of production in those sectors. The current situation could not have been foreseen at the time when decisions for the year 2013 could have been reviewed by Member States in accordance with Article 68(8) of Regulation (EC) No 73/2009.

(3)

The specific support provided for in Article 68(1) appears to be a suitable tool for addressing such a situation by granting support to holdings the viability of which is threatened. In order to address the aggravation of the situation of farmers in the dairy, beef and veal and sheep and goat sectors and to avoid serious practical and specific problems which may consist in reconversion towards other agricultural activities or transfer of holdings, Member States should be allowed to review the decisions taken for the year 2013 within a new time period.

(4)

For the same reasons, the deadline laid down in Article 50(3) of Commission Regulation (EC) No 1120/2009 of 29 October 2009 laying down detailed rules for the implementation of the single payment scheme provided for in Title III of Council Regulation (EC) No 73/2009 establishing common rules for direct support schemes for farmers under the common agricultural policy and establishing certain support schemes for farmers (2) for notification of such a review to the Commission should be extended.

(5)

It is therefore appropriate to derogate from Regulations (EC) No 73/2009 and (EC) No 1120/2009.

(6)

As the derogations concern the year 2013, this Regulation should enter into force on the day of its publication in the Official Journal of the European Union.

(7)

The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Direct Payments,