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Commodities Briefing - Categorized | Agriculture, Fund Profile more

European Union to revise agriculture policy for better use of funds

Posted on 11 October 2011

European Union (EU) got an unique opportunity to reform the EU’s Common Agricultural Policy (CAP) and to utilize the fund in better ways as the higher commodity price has made the farmers less dependent on government support.
According to the new report by the Organisation for Economic Co-operation and Development (OECD), the European support to farmers has gone down substantially over the past 20 years. Farmers earned 22% of total annual receipts from government support in 2008-10, down from 39% annually over the 1986-88……………………………………….Full Article: Source


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