Europe seeks to reform costly farm regime

The video discusses the challenges faced by Europe's dairy sector, highlighting the impact of high prices driven by global demand. It examines the effects of the Common Agricultural Policy, particularly the milk production quota, and the decision to phase it out to ease transitions and lower consumer prices. The video also covers proposed reforms, including ending guaranteed grain prices and capping subsidies, which may face opposition from countries with large agricultural sectors. The historical context of the policy, created in 1962 to ensure food security, is provided, along with the current debate on maximizing exports.

What is one of the main reasons for the high number of dairy farmers leaving the sector in France?

• Poor weather conditions

• Quotas imposed by the common agricultural policy

• High production costs

• Lack of demand for dairy products

What is the expected outcome of gradually ending the milk quota system?

• Increase in dairy prices

• Immediate abolition of all quotas

• Ease the transition for farmers

• Decrease in dairy production

What percentage of the European budget is consumed by the agricultural policy?

• 50%

• 30%

• 20%

• 40%

Which countries are likely to oppose the new agricultural reforms?

• Countries with small agricultural sectors

• Countries with large agricultural sectors

• Countries with no agricultural sectors

• Countries with moderate agricultural sectors

What was the original purpose of the common agricultural policy when it was created in 1962?

• To maximize exports

• To ensure Europe could feed itself

• To reduce agricultural subsidies

• To increase grain prices