More recently, the group moved into other pooled premium schemes, and the cost of insurance on the open market has fallen considerably.

It does not limit the production of beef. Instead, the proposal will introduce still more bureaucratic and expensive premium schemes.

This morning we are dealing only with the first, a proposal to improve the intervention access, changes to the various premium schemes and other changes in the beef sector.

And it is also important, in my view, to consider uncoupling the premiums from output, to ensure that the premium schemes take greater account of the other agricultural policy objectives.

While many in the gambling community view this as a way in which they can earn respect from their peers in an otherwise isolated profession, tipping services also use these areas to attract users to their premium schemes.

But at that stage, of course, the necessary steps should have been taken, and we must then open the third phase with the mid-term review, in order to ensure that the premium schemes take greater account of the other agricultural policy objectives.

The measures agreed are designed to bring balance to the beef market in the short to medium term and include calf slaughtering premium schemes, adjustments in regional premia rights ceilings, adjustment to intervention rules, increased support for extensive production and a recognition of the need for a promotion campaign.