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Harmonizing european community farm policy: Agribusiness implications
Author(s) -
Pollio Gerald,
Riemenschneider Charles H.
Publication year - 1985
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(198522)1:2<137::aid-agr2720010203>3.0.co;2-i
Subject(s) - agribusiness , production (economics) , common agricultural policy , agricultural policy , agriculture , european community , politics , business , livestock , international trade , economics , agricultural economics , economic policy , european union , political science , macroeconomics , geography , archaeology , forestry , law
The Common Agricultural Policy of the European Community requires further reform to harmonize the disparate measures taken to date. Political pressures will lead to continued adjustment rather than a major overhaul of policy. Future changes will lead to slower growth in livestock production, but cereal output should continue to advance in line with previous trends. Grain merchandising opportunities will expand and, along with these, further trade conflict with the US. Expected policies of production controls and import restrictions will hit first‐stage food processors and feed manufacturers the hardest, while the long‐term outlook for European input suppliers is mixed.