EU Agricultural Commissioner Phil Hogan confirmed a consultation would be opened on CAP early in the new year with the Commission producing a communication by the end of 2017.

At an EU agricultural conference in Brussels this week, forecasts for farm incomes were given.

Dairy production is expected to moderate over the next decade averaging 1.3m tonnes annually, with the EU the world’s biggest exporter by 2026, exporting 15% of production.

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EU Outlook Conference dominated by environment