FarmPolicy

February 22, 2020

Doha Developments

Categories: Doha / Trade

Additional news regarding the Doha round of W.T.O. trade talks is now available at the German Marshall Fund’s Trade & Development webpage. For complete details, just click here.

-Keith

Focus on the U.S. Agricultural Economy

I. Farm Bill Proposal Reaction
II. Agricultural Economy

I. Farm Bill Proposal Reaction

Reaction to the Bush administration’s 2007 Farm Bill proposal continues to percolate.

Alan Beattie reported in today’s Financial Times that, “After a few days’ reflection, the conclusion seems to be that the bill went in a constructive direction but took only a few steps. It also most probably went only part way to achieving one of the aims of Mike Johanns, agriculture secretary – to make American farm subsidies immune to fresh litigation at the World Trade Organisation.

“The administration heralded the proposed bill as one that directed subsidies away from the traditional ‘commodity group’ recipients including rice, corn, cotton and wheat and towards conservation and rural development programmes. But as far as Doha was concerned, as one experienced agricultural policymaker in Washington put it: ‘There is less to this than meets the eye’”.

“The headline totals were compatible with, but did not go beyond, the cut in annual allowable trade-distorting farm subsidies from around $22bn to around $17bn (€13bn, £8.6bn) that the Bush administration has already informally offered in the Doha round.”

Corn Planting

N.A.S.S. Will Release Corn Planting Projections in March

Angela Hall, writing on Saturday at the Leader-Post Online (Canada), reported that, “A proposal for the 2007 United States farm bill promises less of the price-based subsidies that are seen as trade-distorting but it’s not enough to create a level playing field for Canadian producers, say some agriculture groups and analysts.”

The article added that, “Canadian Agriculture Minister Chuck Strahl has also indicated this week’s U.S. farm bill proposals are going in the right direction but don’t go far enough.”

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