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Keywords:

  • agricultural subsidies;
  • Common Agricultural Policy;
  • yields;
  • technology;
  • genetically modified crops;
  • farm size

Global food producers face severe challenges in feeding the world's population at affordable prices. It is therefore essential that EU agricultural policy now focuses on maximising the Community's food production. This is only likely to be achieved if direct income payments are rapidly phased out allowing the industry to restructure, which will involve the concentration of production on larger-scale farms.