Common Market Organisation
The Common Market Organisation is designed to monitor the European agricultural markets and to provide farmers and consumers with a steady income and secure food supplies respectively. It covers about 90% of the EU output.
A single Common Market Organisation (CMO) now governs as many as 21 agricultural sectors which were until 2007 organised into 21 sector specific organisations. This initiative is an important step in the process of simplifying and streamlining the Common Agricultural Policy. Not only does it improve the quality of the legal texts, but it also replaces more than 650 legal articles with around 200.
Without changing the substance of the existing instruments and mechanisms, these harmonised rules cover the classic areas of market policy - intervention, private storage, import tariff quotas, export refunds, safeguard measures, promotion of agricultural products, state aid rules, communications and reporting of data.