Losing CAP could cost EU 250,000 agri-food jobs and €8bn in trade losses, report shows

Without CAP, farm income would decline by about 11%, but as much as 21% for smaller and more vulnerable farms, overall EU food production would fall by 5%, and food prices would rise, according to EU report

The NoCAP scenario is also predicted to increase net global greenhouse gas emissions by 8.2 Mt, mostly due to food imports from areas less emission-efficient than the EU.

EU agricultural output can increase 2.7%, food prices will be lower, and the EU's trade balance will improve by €2.7bn, if the Common Agricultural Policy (CAP) favours productivity and competitiveness, said the EU's Joint Research Centre (JRC) scientific service in its latest report.

Agricultural greenhouse gas emissions could increase 0.5% in the EU but fall globally (due to reduced food imports). A 1.4% increase in the EU's nitrogen surplus is likely.