The World Trade Organization (WTO) has now officially ruled in favor of the U.S. in a complaint related to Chinese subsidies for agricultural products. The WTO dispute settlement panel found that China exceeded international standards for farming support, causing trade distortion and creating artificial pricing for wheat and rice. The ruling was expected to go in favor of the U.S. …
Agri View: Understanding How Farm Subsidies Work
Farm subsidies is something a lot of us know little to nothing about. Everett Griner talks about subsidies and how they keep keeping farms going in today’s Agri View. Everett also explains a bit about the impact tariffs have on farm subsidies. Understanding How Farm Subsidies Work Anyone who knows anything at all about modern agriculture knows that farmers depend …
Crop Insurance Industry Fears Budget Cuts
President Donald Trump’s budget is expected to be released on Tuesday and it’s still not known if or how much the president is expected to cut from farm subsidies and other programs that serve rural areas. Early press reports indicate that farm subsidies will be part of $1.7 trillion in proposed cuts to mandatory spending. House Ag Committee Chair Mike …