Okuzeka
Agriculture vocabulary · Trade, Markets and Subsidies

Common Agricultural Policy

Meaning in agriculture, with examples

nounAdvanced term

In agriculture, Common Agricultural Policy means: The European Union's shared agricultural policy, started in 1962, which supports farm incomes, rural development and environmental goals across member states.

In Turkish: Ortak Tarım Politikası, OTP

How it is used

Usually shortened to CAP ('cap'). It has two pillars: direct payments and market measures, and rural development. It appears in EU documents, trade talks and Turkish EU accession texts, where IPARD funds support rural projects.

Example sentences

  1. The Common Agricultural Policy takes up roughly a third of the EU budget.

  2. Under the new Common Agricultural Policy, part of the direct payments depends on eco-schemes.

Common collocations

  • CAP reform
  • CAP payments
  • first pillar
  • second pillar
  • eco-schemes
  • direct paymentMoney paid by the government straight to farmers, often per hectare of land, to support their income rather than the price of a product.
  • subsidyMoney or other support paid by the government to farmers to keep production profitable, lower costs or encourage certain practices.
  • food securityA situation in which all people at all times can obtain enough safe, nutritious and affordable food for an active and healthy life.
  • smallholderA farmer who works a small area of land, often a few hectares or less, mainly with family labor and limited capital.
  • commodityA basic product such as wheat, maize, soybeans, sugar or cotton that is bought and sold in large amounts and where one producer's goods are much like another's.

More terms: Trade, Markets and Subsidies

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