MEAT TRADERS CALL ON CAP CRISIS FUND TO BE AVAILABLE FOR PRICE RISES AS WELL AS FALLS
October 1st, 2010
BY KEITH NUTHALL
THE INTERNATIONAL Meat Trade Association (IMTA) has called for increased flexibility over European Union (EU) commodity crisis management so that soaring meat prices can be tamed by the European Commission, as well as price collapses. Its comments come as Brussels today released its anticipated proposed reforms to the Common Agricultural Policy (CAP), which include a new 'safeguard' power enabling the Commission to "take emergency measures to respond to general market disturbances..." This, said the Commission, would cover situations ...
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