MacSharry Reform

The MacSharry Reform, introduced in 1992, was a set of changes to the European Union’s agricultural policies. It aimed to make farm support more market-oriented by reducing guaranteed prices for certain crops, encouraging farmers to produce efficiently and adapt to market demands. The reform also increased direct payments to farmers as income support, rather than relying solely on price guarantees. Additionally, it promoted environmental sustainability and rural development. Overall, the reform sought to balance farmers’ income stability with market competitiveness and environmental responsibility within the EU’s agricultural sector.