The U.S. has requested a Dispute Settlement Panel against China over $100 billion in excess subsidies for corn, rice and wheat.
The U.S. is the world’s largest exporter of agricultural and food products, with exports now accounting for about 35 percent of the nation’s farm income, up from 28 percent in 1996. The value of ag exports has increased from $46.2 billion in 1994 to $134.9 billion in 2016. Read[…]Read More »
The bill, the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act, aims to revitalize the USDA’s export promotion programs, which generated a net return of $28.30 for every dollar invested between 1977 and 2014. The CREAATE Act would aid two of the USDA’s most successful programs, the[…]Read More »