date:Oct 05, 2012
or agriculture, which has been driven by developments in international commodity markets.
Importantly, said the OECD, there has been a movement away from support linked directly to production, which distorts trade. However, it added that about half of government support was still having a distorting effect on global agricultural markets.
Variations in support
The report revealed big variations in levels of support between OECD countries. The lowest levels of support were found in New Zealand,