Developments in agricultural policy and support

The key economic and market developments which provide the framework for the implementation of agricultural policies are analysed in the first part of this chapter. Then the developments in the estimated support (using the OECD Producer Support Estimate methodology) are evaluated in terms of its level, composition and changes over time in OECD countries and the emerging economies included in this report. Within this part, highlights of the main recent changes and new initiatives in agricultural policies in 2016-17 in OECD countries and key emerging economies covered in this report are also presented. The chapter also focusesonchanges in the single commodity focus of support as support targeting individual agricultural commodities still represents the largest component of support to farmers. The chapter ends with assessment of support and policy reforms and related recommendations.