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In 2009, support to producers in OECD countries was estimated at USD 253 billion or EUR 182 billion, as measured by the Producer Support Estimate (PSE). This is equivalent to 22% of aggregate gross farm receipts (%PSE), slightly up from 21% in 2008, and back to the 2007 level. This is the first increase in the support level after a steady decline since 2004. Higher commodity prices in 2007 and 2008 were behind falls in the measured support in those years, and return to 2007-level prices reversed this trend for 2009.
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This chapter provides an overview of developments in agricultural support in OECD countries. It first sets out the general macroeconomic and market context in which agricultural policies operated. Recent major changes and new initiatives in agricultural policies in OECD countries are highlighted. Estimated support is evaluated in terms of developments in its level and composition. Finally, some conclusions are drawn about the progress in agricultural reform being made in OECD countries.
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