Single Farm Payment

The Single Farm Payment is an agricultural subsidy paid to farmers in the EU. == History == Historically, the EU's Common Agricultural Policy (CAP) emphasised direct subsidies for agricultural produce. To reduce price distortion, the connection between payments and specific crops was removed; instead, a "Single Farm Payment", which subsidised farmers on a per-hectare basis, was introduced in June 2003; although farmers may now attempt to claim subsidies for more land than they actually have.

Source: Wikipedia — Single Farm Payment (CC BY-SA 4.0)

Single Farm Payment

The Single Farm Payment is an agricultural subsidy paid to farmers in the EU. == History == Historically, the EU's Common Agricultural Policy (CAP) emphasised direct subsidies for agricultural produce. To reduce price distortion, the connection between payments and specific crops was removed; instead, a "Single Farm Payment", which subsidised farmers on a per-hectare basis, was introduced in June 2003; although farmers may now attempt to claim subsidies for more land than they actually have.

Source: Wikipedia "Single Farm Payment" · CC BY-SA 4.0

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