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UK agriculture and its dependence on Europe Europe's Common Agricultural Policy (CAP) was established in 1962 driven by a strategic need for food security in Europe. The CAP created a deliberate economic signal to increase domestic food production. It was founded on the basis of 'open-ended price support', that is, if output doubled so did revenue (Institute of Economic Affairs 2000). Furthermore, it included protection for domestic markets through import taxes and export subsidies (DEFRA- Shifting support from the 1st to the 2nd Pillar of the CAP). As production responded, increasing surpluses necessitated heavier expenditure, which led to friction with other suppliers to the world market who were not reliant on subsidy. The CAP was so successful that by the late 1980's surpluses such as the widely reported grain mountains and milk lakes were being produced. Various systems designed to limit this over-production were introduced such as set-aside, milk quotas and...

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