Today, the EU has proposed ending
farmer's mandated 10% land fallow set aside, part of a strategy to limit soaring grain prices and increase supplies. If EU agriculture ministers agree, farmers would still be able to set aside part of their arable area voluntarily. If adopted, this would immediately impact fall 2007 and spring 2008 seedings, the Commission said in its proposal. "If the set-aside rate was set to 0%, the effective return of land could be between 1.6 and 2.9 million hectares,"
That's 4 to over 7 million additional acres, if adopted. Interesting.
farmer's mandated 10% land fallow set aside, part of a strategy to limit soaring grain prices and increase supplies. If EU agriculture ministers agree, farmers would still be able to set aside part of their arable area voluntarily. If adopted, this would immediately impact fall 2007 and spring 2008 seedings, the Commission said in its proposal. "If the set-aside rate was set to 0%, the effective return of land could be between 1.6 and 2.9 million hectares,"
That's 4 to over 7 million additional acres, if adopted. Interesting.
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