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Philip G. Pardey of the University of Minnesota will explain why investment in R&D is so important for increasing agricultural productivity and keeping food prices low.
The US Average Crop Revenue (ACRE) program was introduced as part of the 2008 Farm Bill. ACRE was marketed as a farm revenue safety net program, but in reality ACRE payments are largely driven by decreases in agricultural commodity prices from recent levels.
The country could save $100 billion or more over 10 years by reducing farm subsidies without endangering struggling farmers or affecting food production.
A new paper by agricultural economists Vincent Smith and Barry Goodwin on the looming budgetary disaster triggered by the Average Crop Revenue (ACRE) program.
Most public discussions of the farm bill renewal process have focused on the direct domestic effects of these policies. But U.S. agricultural subsidies, regulations, and spending programs have significant impacts on global commodity markets, and have therefore come under close scrutiny by U.S. trading partners. The World Trade Organization (WTO)...
There's a persistent story that farming is on the edge of catastrophe in America and that's why they need safety nets that other people don't get. And the reality is that it's really a very healthy industry.
In late May, a deadly mutant strain of E. coli broke out in Germany and spread across at least 12 countries. The bacterium, which is more toxic and infectious than any other known strain of E coli, left 1,800 infected and 18 dead by early June.
Representatives should jump at the chance to get a commitment from the EU to move as much of their agricultural program as possible into the "nondistorting" pile.







