EU dairy policy reforms: Luxembourg reform, WTO negotiations and the quota regime

The EU dairy policy has undergone several changes over its near forty year life. The most significant of these changes were the introduction of the milk quotas in 1984, and more recently the 2003 CAP reform (Luxembourg Agreement). Whereas since the MacSharry reform of 1992 several other agricultural sectors were already subject to a regime-switch implying the reduction in price support partly compensated by direct payments, the dairy sector had initially be largely exempted from this policy turn to increase the competitiveness of EU agriculture. The Luxembourg Agreement not only deepened the r... Mehr ...