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Agricultural News

American Farm Bureau Supports Obama Administration Move to File Protest Against Chinese in WTO on Ag Subsidies

Tue, 13 Sep 2016 20:12:36 CDT

The following statement is from Zippy Duvall, President of the American Farm Bureau Federation- after word came from the Obama Administration that they were filing a complaint against China on agricultural subsidies being paid to farmers of three crops- corn, wheat and rice.   


"The American Farm Bureau Federation supports the action taken by the Office of the U.S. Trade Representative to begin dispute settlement proceedings against China over their agricultural subsidy levels. We, like the USTR, are concerned that China exceeded its domestic support limits for corn, wheat and rice from 2012 to 2015.


"The World Trade Organization's Agreement on Agriculture applies to all members. Each country must follow agreed upon levels of domestic support. Violation of domestic support levels can lead to overproduction and price-depressing surpluses that affect farmers worldwide.


"Trade deals only work if they're followed. It is good to see our government enforcing the trade commitments that already exist. This kind of accountability leads to stronger trade relationships with all our partners."



   

 

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