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It will strike quickly if favourable conditions signal the need for expanded production."
By contrast, if the pursued its policies of agricultural support and prices moved back to "normal ranges", EU farmers "will not be able to share in the growth of world markets".
The stark choices facing European farmers were underlined by Mr Dirk Ahner, head of policy in the 's agriculture directorate. He warned that arable farmers would be forced to take as much as a quarter of their land out of production by 2005, compared with just 5 per cent this year, if current policies continued.
The next round of global trade talks could lead to significant cuts in border protection, depressing internal EU prices, and to further reductions in subsidised exports, leading to painful cuts in output...
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Common topics in this essay:
- Causes of recent food prices and what steps governments have been taken for stabilization of prices and are these steps fruitful? (Pakistani Issue)
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