Community policy to increase agricultural productivity, ensure farmers a reasonable standard of living, stabilize agricultural markets, guarantee supply and ensure consumers reasonable prices for agricultural products. Works using common market organizations (q.v.), price guarantees, Monetary Compensatory Amounts (MCA), Community preference and other instruments of policy.
In addition, in exceptional cases where the smooth operation of the arrangements laid down under the common agricultural policy may be jeopardized, it may be decided to derogate from paragraph 6, in accordance with the procedure laid down in Article 38 of Regulation (EEC) No 136/66/EEC (4) and in the corresponding Articles in other Regulations on common organization of the markets.
The operation and development of the common market for agricultural products must be accompanied by the establishment of a common agricultural policy.
