Saturday, February 11, 2012

John Phipps on Crop Insurance and Market Distortion

Have I said recently I hadn't noticed much concern about WTO rules vis a vis the next farm bill?  Seems to me in past cycles it was a top concern.  Indeed the delinking of payments and current plantings in the Freedom to Farm of 1996 was, I think, a big issue, at least for those who weren't bewitched by the dream of getting government out of agriculture.

John Phipps reports here the Brazilians are taking the position that crop insurance is market distorting. You'll remember they've already won a WTO case against our upland cotton program.

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