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.




