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3rd Weihenstephan Future Forum on Agricultural Policy - MO 27.01.2025, 5 pm, Campus Weihenstephan (lecture room 12)

Subsidy-free agriculture in global markets - conceivable, feasible, desirable?

The European Union's Multiannual Financial Framework provides for agricultural spending of around 379 billion euros for the period 2021-2027, a sum that corresponds to 31% of the total EU budget. No other sector receives similarly high subsidies. And not just in Europe. At the same time, according to leading scientists, modern agriculture is primarily responsible for numerous environmental burdens and the starting point for intensive debates on animal welfare. So are we subsidizing it wrong? Or could we do without subsidies altogether? Do the Europe-wide farmer protests in spring 2024 make it clear that the current agricultural subsidies meet with little approval, even among the beneficiaries? And what role do subsidies play in creating fair competitive conditions on global agricultural markets in the face of increasing protectionism? Prof. Dr. Johannes Sauer (TUM Chair of Production and Resource Economics) will discuss these and other questions on the basis of keynote speeches and with scientific input: Hubertus Paetow (President of the German Agricultural Society), Maria Noichl (SPD Member of the European Parliament) and Michael Jäger (Vice President of the Taxpayers' Association).