The EU has already lost one-eight of its sheep output over the past 10 years before EU and UK free trade deals with NZ hit farmers.
Less of the global trade in agri-food products will be filled by the EU in the years ahead as production looks set to fall.
The recent Mercosur deal was not a full renegotiation, rather a tightening of environmental issues that were frustrating ratification in the EU.
The Commission's line is that EU dairy stands to gain from a trade deal with Mercosur.
If the US drops its insistence on hormone-fed beef getting access to the UK as part of a trade deal, it would be a real game-changer.
2024 marked the 50th anniversary since Kubota’s arrival into Europe, earlier in October the Japanese manufacturer marked the milestone with a two-day dealer and press event in Spain.
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The Commission anticipates a 0.2% per year decline in EU milk outlook, with this decline being sharper in western member states.
There have been fresh calls to use hydrogen in hard-to-abate transport sectors in Ireland, including heavy-duty trucks and buses, shipping and aviation, cutting emissions by 260,000 tonnes per year.
EIB-backed loans are to come for the EU's young and women farmers, as well as those focusing on the environment, with the possibility of subsidised interest rates.