Trends in US agricultural since 2000 and implications for the next twenty years

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dc.creatorGlauber, Joseph W.
dc.creatorSmith, Vincent H.
dc.date2021-08-31
dc.date2024-05-22T12:10:37Z
dc.date2024-05-22T12:10:37Z
dc.date.accessioned2026-06-27T15:43:57Z
dc.descriptionOver the past 20 years, US agricultural policy has primarily served the interests of farm organisations whose members operate relatively large enterprises and the concerns of environmental and conservation lobbies about soil, water quality, wildlife quality and access to public lands. While maintaining the same underlying focus, over the past twenty years US agricultural policy has shifted from decoupled income support to price‐ and revenue‐based counter‐cyclical subsidy programmes, increased the coverage under a plethora of heavily subsidised agricultural insurance initiatives, and expanded the scope of conservation programmes. Further, between 2018 and 2020, there were unprecedented levels of additional spending through ad hoc measures to compensate producers for losses sustained as a result of the Trump administration’s trade wars and, more recently, losses attributed to the coronavirus pandemic. These levels of spending have been criticised as excessive relative to actual losses and likely caused the United States to violate its WTO domestic support commitments. However, US agricultural subsidy initiatives could soon involve more changes. The Biden administration wants to refocus some agricultural expenditure towards reducing greenhouse gas emissions and addressing concerns about the lack of financial support for minority groups, but probably not at the expense of funding for current programmes.
dc.identifierhttps://hdl.handle.net/10568/142518
dc.identifier.urihttp://hdl.handle.net/123456789/113060
dc.languageen
dc.publisherWiley
dc.relationhttps://www.aei.org/research-products/report/whither-agricultural-policy-in-2021-and-beyond/
dc.rightsLimited Access
dc.sourceGlauber, Joseph W.; and Smith, Vincent H. 2021. Trends in US agricultural since 2000 and implications for the next twenty years. EuroChoices 20(2): 58-63. https://doi.org/10.1111/1746-692X.12329
dc.subjectpolicies
dc.subjectagricultural policies
dc.subjecteconomic policies
dc.subjecttrade policies
dc.subjecttrade
dc.subjectspending
dc.subjectclimate change mitigation
dc.subjectsubsidies
dc.subjecttrends
dc.titleTrends in US agricultural since 2000 and implications for the next twenty years
dc.titleTendances de la politique agricole américaine depuis 2000 et implications pour les vingt prochaines années
dc.titleTrends in der US-Agrarpolitik seit dem Jahr 2000 und ihre Auswirkungen auf die nächsten zwanzig Jahre
dc.typeJournal Article

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