Resource
Report: Government support for agriculture at historical low
The Organisation for Economic Co-operation and Development’s (OECD) latest Agricultural Policy: Monitoring and Evaluation 2012 report revealed that government support fell to 19% of total farm receipts in 2011, with support to producers standing at just $252bn (€182bn). The recent decline in producer support was in many countries driven by developments on international markets, rather than by explicit policy changes. However, the report explains that there remain large differences in support levels among countries.