Reduc production of major agricultural returnss the elimination of intervention stockpiles and an improvement in farm incomes - unsurprisingly.

Reduc production of major agricultural returnss the elimination of intervention stockpiles and an improvement in farm incomes - unsurprisingly, these are the main conclusions of recent European Commission studies of the impact of its July 2002 proposals for the reform of the European Union's public agricultural policy.

In sum of two units impact studies, the Commission says that implementation of its recommendations for the mid-term review of the CAP to decouple subsidies from production, to decrease payments to larger farmers, to transfer standard of value from production support to structural measures and to link subsidy payment to environmental conditions will lead to a balance between