CAP subsidies as reported to the WTO reached the highest level in ten years in 2006/07 at over €90 billion.
Tag Archives: EU
Le Monde debates the CAP
It’s time for a radical reorientation of the CAP towards environmentally-friendly farming
Keeping an eye on the sugar market
Sugar did not experience the massive price spike in 2007-08 of other commodities, but has been making up for this with a tremendous increase in prices in 2009, driven by poor harvests in Brazil (the world’s largest producer) and strong import demand in India (the world’s largest importer). Raw sugar prices have risen from around 10 USc/lb in May 2008 to over 27 USc/lb currently, and market analysts expect further increases in the coming months.
