2002 US farm bill: An Australian perspective on its impact

Ivan Roberts, Frank Jotzo

    Research output: Contribution to specialist publicationArticlepeer-review

    2 Citations (Scopus)

    Abstract

    The new US farm bill, which was signed into law in May 2002, will provide US farmers with more support and largely insulate their production decisions from world market signals. A likely result is lower and more variable world market prices than would otherwise prevail. It is bad news for Australia's export oriented farmers and could make it more difficult to reach a successful outcome to the present WTO negotiations on agriculture.

    Original languageEnglish
    Pages365-368
    Number of pages4
    Volume9
    No.2
    Specialist publicationAustralian Commodities
    PublisherAustralian Bureau of Agricultural and Resource Economics
    Publication statusPublished - Jun 2002

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