From the site of an excellent Austrian ( location, not just intellectual opinion ) economist Michael Stastny. It’s worth noting that when Austria joined the EU their agricultural subsidies actually went down.

BTW, all direct and hidden agricultural subsidies paid to EU farmers annually add up to approximately 120 billion euros. This is enough money to fly Europe’s 45 million cows around the world on first-class air tickets*.
*taken from Diane Coyle’s splendid book Sex, Drugs & Economics.