The arable crops program is a consolidated support system operated under the EU Common Agricultural Policy for producers of major cereals, oilseeds, and protein crops. Production of these crops constituted 21% of farm income and 40% of agricultural lands in the EU in 2000. Main elements of the program include area compensatory payments, reductions in administered prices (also known as intervention prices

Intervention prices

In agricultural policy, the intervention price is the price at which national intervention agencies in the EU are obliged to purchase any amount of a commodity offered to them regardless of the level of market prices . Thus, the intervention price serves as a floor for market prices...

), and annual land set-aside program requirements.