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Farm
subsidies remain at high level in OECD
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The
latest figures from the OECD:
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Show
that the amount its thirty members spent on domestic
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agriculture
was almost unchanged from 2004 at €221bn. Subsidies
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accounted
for almost one-third of farm incomes across the rich
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world.
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EU
aid to its farmers fell marginally from $136.1bn to $133.8bn
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while
Japanese and Swiss farmers remained among the most
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protected.
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The
producer subsidy equivalent, which measures the cost to
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taxpayers
of subsidies and consumers of tariff barriers, was 32 per
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cent
in the EU, 56 per cent in Japan and 68 per cent in
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Switzerland.
The $42.7bn US support represented 16 per cent of
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receipts.
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Sunday,
June 25, 2006
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