- the likelihood a complaint against the program at the WTO would succeed, resulting in penalties like the Brazilian cotton case
- the possibility that market prices will decline in future years, leading to a large increase in payments.
Blogging on bureaucracy, organizations, USDA, agriculture programs, American history, the food movement, and other interests. Often contrarian, usually optimistic, sometimes didactic, occasionally funny, rarely wrong, always a nitpicker.
Tuesday, November 15, 2011
ACRE Dangers and the WTO
Via Michael Rogers at Green, Green, and Grains, here's an AEI study of the ACRE program, outlining two dangers:
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