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Lessons From EU Sugar Policy Reform Effort PDF Print E-mail
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Posted by Ross Korves   
Thursday, 28 June 2007
As the U.S. awaits further WTO actions on the Brazilian cotton case, the EU is already struggling with its sugar policy reforms resulting from a 2004 WTO ruling limiting EU sugar exports to 1.37 million metric tons (mmt) per year, down from 4-5 mmt per year before the WTO ruling. The EU reform program has a complex set of moving parts that hinges on incentives to sugar processors to reduce production. This is the first major WTO driven agricultural policy reform in developed countries and is not likely to be the last one.

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Increased Trade and Job Insecurity PDF Print E-mail
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Posted by Ross Korves   
Thursday, 21 June 2007
The annual Employment Outlook from the Organization for Economic Cooperation and Development (OECD) released on June 18 has generated media attention because it explains that increased international trade leaves some groups of workers in developed countries more exposed to job transitions and unemployment. The 280 page report outlines the economic impacts of increased trade and a cover editorial highlights the OECD’s political response for assisting the economic adjustment process.

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Canada Challenges U.S. Farm Programs PDF Print E-mail
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Posted by Ross Korves   
Thursday, 14 June 2007
On June 8th the Government of Canada requested that a World Trade Organization (WTO) dispute settlement panel be established on the issue of U.S. agricultural subsidies. Just over a month earlier on May 2nd they had announced that no further action would be taken on a previous dispute settlement proceeding concerning U.S. corn subsidies until at least the end of the year while the Doha Round of trade talks continued. Pursuing a broad case against U.S. farm policy will likely do little to address the specific concerns of Canadian corn producers.

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Agricultural Conservation Payments and WTO Commitments PDF Print E-mail
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Posted by Ross Korves   
Thursday, 07 June 2007
Conservation payments under federal government programs are popular with farmers and ranchers and the general public. The payments are also generally considered non-trade distorting and fit in the “green box” for WTO domestic support programs. Congress is being encouraged in the new farm bill being written this year to sharply increase conservation payments. A recent analysis by Randy Schnepf of the Congressional Research Service titled “WTO Compliance Status of the Conservation Security Program (CSP) and the Conservation Reserve Program (CRP)” provides insights on WTO requirements for green box conservation programs.

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Trade Policies and Processing Agricultural Products PDF Print E-mail
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Posted by Ross Korves   
Thursday, 31 May 2007
In a May 25 paper Crawford Falconer, Chairman of the agricultural negotiations in the Doha Round of WTO trade talks, continued his “honest talk” of “the objective facts staring us in the face” begun in a paper released on April 30. This second paper dealt mostly with what could be called minor market access issues. The assessment is not positive, but it may have a silver lining in focusing efforts more on across the board tariff reductions.

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Biotech crops are sprouting up around the globe. The one billion acre milestone for biotech crops planted and harvested has been exceeded. Watch as we meet and pass the two billion mark as well.
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