Abstract
This report offers quantification of effects of possible trade and agricultural support scenarios on the
UK agricultural production, trade, farm gate prices and farmers’ income levels in case of the UK
leaving the EU. The results of each scenario show that for most sectors the biggest driver of UK farm
income changes is the level of public support payments available. The positive price impacts on farm
incomes seen through both the FTA and WTO default scenario are offset by the loss of direct support
payments. A reduction of direct payments, or their complete elimination, would exacerbate the
negative impact seen under the UK Trade Liberalisation scenario
UK agricultural production, trade, farm gate prices and farmers’ income levels in case of the UK
leaving the EU. The results of each scenario show that for most sectors the biggest driver of UK farm
income changes is the level of public support payments available. The positive price impacts on farm
incomes seen through both the FTA and WTO default scenario are offset by the loss of direct support
payments. A reduction of direct payments, or their complete elimination, would exacerbate the
negative impact seen under the UK Trade Liberalisation scenario
Original language | English |
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Place of Publication | Wageningen |
Publisher | LEI |
Number of pages | 51 |
ISBN (Print) | 9789462577732 |
DOIs | |
Publication status | Published - 2016 |
Publication series
Name | Report / LEI |
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Volume | 2016-046 |
Keywords
- cap
- farmers' income
- agricultural sector
- agricultural production
- agricultural trade
- uk
- european union