CAP reform is the major bone of contention in the negotiations of the next long-term EU budget beyond 2013. In a new working paper, Valentin Zahrnt reviews the political landscape: what are the formal positions as well as the less visible interests and internal conflicts of the Commission, the European Parliament, the member states and civil society stakeholders? And what are the prospects for the reform process, such as a change in the CAP narrative towards competitiveness and innovation or the increasing influence of financial considerations and broader EU affairs on CAP reform?