EU to suspend grain limits

Europe reacted to soaring cereal prices on 13 September 2007 by seeking to boost output through scrapping limits on grain production imposed 15 years ago. The European Commission said it would suspend for at least a year a rule requiring farmers to set aside 10 per cent of their land. Agriculture ministers from the 27-member bloc and the European parliament should approve the move by the end of September.

European Commission: Press Release: IP/07/1329: Cereals: Commission proposes to set at zero the set-aside rate for autumn 2007 and spring 2008 sowings http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1329&format=HTML&aged=0&language=EN&guiLanguage=en

BBC News, 13.9.07: EU proposes scrapping fallow land http://news.bbc.co.uk/2/hi/business/6993635.stm

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