State support to agriculture in OECD drops to record low of €182bn

Government support to agriculture in OECD countries fell to 19% of total farm receipts in 2011, according to the latest analysis from the Paris-based think-tank.

The OECD said this record low for farm supports was driven by developments in international commodity markets, rather than by explicit policy changes.

Support to producers stood at €182bn in OECD countries in 2011, confirming a longstanding trend toward falling farm support.