I note that the monthly intervention price has been reduced by half. On the measures for young farmers, maximum support for those undertaking investments within five years of setting up has been increased from 55% to 60% in the less favoured areas and from 45% to 50% in other areas. The additional concessions secured for young farmers include more equitable calculation of single payment entitlements for those who enter farming during the reference period, and flexibility to create a national reserve using up to 3% of established entitlements, with the possibility of ring-fencing a certain percentage of entitlements for young farmers who commence farming activity after 31 December 2002.