news article

U.S. crop insurance fiscal costs and WTO notifications under current rules

by Carl Zulauf and
David Orden
Open Access
Citation
Zulauf, Carl; and Orden, David. 2015. U.S. crop insurance fiscal costs and WTO notifications under current rules. farmdoc daily (5):139. http://farmdocdaily.illinois.edu/2015/07/us-crop-insurance-fiscal-cost-and-wto-notifications.html

"This article continues a three-part series on the implications of the 2014 farm bill for (1) U.S. commitments on farm subsidies under the current World Trade Organization (WTO) Agreement on Agriculture and (2) current attempts to revitalize the Doha Round negotiations for new WTO trade rules. This article specifically addresses the fiscal costs of the crop insurance program, U.S. notifications of crop insurance to the WTO since 1995, and the potential notification of 2014 farm bill support to the WTO. These considerations take on meaning given the way the 2014 farm bill was materially affected by WTO decisions. Specifically, U.S. cotton does not have access to the ARC and PLC multiple year support programs due to resolution of the Brazilian WTO suit against past U.S. cotton support." - Zulauf, C., and D. Orden, Authors