November 7, 2024
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Common Agricultural Policy

Common Agricultural Policy

Definition: Common Agricultural Policy

Common Agricultural Policy: Common Agricultural Policy noun a set of regulations and mechanisms agreed between members of the European Union to control the supply, marketing, and pricing of farm produce. Abbr CAP. COMMENT: The European Union has set up a common system of agricultural price supports and grants. The system attempts to encourage stable market conditions for agricultural produce, to ensure a fair return for farmers and reasonable market prices for the consumer, and finally to increase yields and productivity on farms in the Union. A system of common prices for the main farm products has been established with intervention buying as the main means of market support. The first major reforms in 30 years were carried out in 1992 and included arable set-aside, suckler cow quotas, ewe quotas, price reductions on oilseeds, peas, beans, cereals, and beet. The second major CAP reform was in 2003 with the introduction of the Single Farm Payment Scheme (SFPS), which brought together individual subsidy schemes into a single payment calculated on the land area used. Understanding the Common Agricultural Policy helps farmers navigate subsidies and market regulations.


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Alan Nafzger, Ph.D.

Alan Nafzger, Ph.D., is the esteemed Editor-in-Chief of FarmerCowboy.com and a renowned expert in agricultural policy. With a doctorate in political science and a lifelong dedication to farming, Alan brings a unique blend of academic expertise and practical farming experience to his role. His deep understanding of agricultural policy and its impact on farming communities has made him a trusted voice in the field. Alan’s career is marked by a commitment to advancing agricultural knowledge and practices. As a professor, he has educated and inspired countless students, sharing his extensive knowledge of agricultural policy and its implications. His insights are rooted in a lifetime of hands-on farming experience, providing a practical perspective that complements his academic credentials. At FarmerCowboy.com, Alan leads with a vision to provide reliable, insightful, and up-to-date information to the farming community. His editorial direction ensures that the content is not only informative but also relevant and beneficial to farmers and agricultural professionals. Alan’s leadership and expertise have solidified FarmerCowboy.com as a go-to resource for agricultural news and analysis. Alan Nafzger’s blend of academic rigor, practical farming experience, and a passion for agricultural policy make him an invaluable asset to the agricultural community. His contributions continue to shape the future of farming, ensuring that it remains sustainable and productive for generations to come.

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