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Europe Daily Bulletin No. 10458

23 September 2011
Contents Publication in full By article 21 / 34
GENERAL NEWS / (ae) eu/agriculture
Subsidies for agriculture at all time low, says OECD

Brussels, 22/09/2011 (Agence Europe) - Official aid for agriculture in the countries of the OECD fell to 18% of total agricultural income in 2010. This unprecedented fall can be attributed to the high prices of raw materials, according to an OECD report published on Wednesday 21 September.

Government support is still largely granted in such a way that it distorts production and trade, the report regrets. Over the period from 2008 to 2010, New Zealand had the lowest level of support to farm...

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