The CAP saved a continent from starvation once and may do so again

YOUR columnist Steven King (April 30) repeats the error that 40% of the total EU spend is taken up by the CAP. This has gone uncontested for so long that correction is now essential.

The CAP saved a continent from starvation once and may do so again

And that is ignoring the fact that seldom, if ever, has a tax paid given such good value to those who paid it.

During the half-century of the CAP’s existence average industrial earnings have multiplied by 50; the retail cost of food by 16; the price paid to farmer by 8 and processing/retailing margins by 27. The farmer’s share of the retail price has dropped from 60% to 40%. An impressive performance from agriculture by any standard.

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