On Wednesday 16 July, the European Commission drew the ire of the farming community when it presented a proposed budget of €300 billion for the Common Agricultural Policy (CAP) for the period 2028–2034. This represents a reduction of more than 20% compared to the amounts set out in the 2021–2027 Multiannual Financial Framework (MFF), i.e. €378 billion.
“We are protecting over €300 billion in income support for farmers and fishermen. This includes a doubling of the...