United States Agricultural Policy: Its Evolution and Impact

40 Pages Posted: 23 Jul 2016

See all articles by Joseph W. Glauber

Joseph W. Glauber

International Food Policy Research Institute (IFPRI)

Anne Effland

U.S. Department of Agriculture (USDA)

Date Written: July 20, 2016

Abstract

This paper examines the development of US agricultural policy and considers how it has affected US consumers and producers, as well as how US programs affect foreign producers and consumers within the context of the United States’ obligations under the World Trade Organization. Throughout its history, the United States has supported the farm sector through a myriad of policies affecting prices, production, and farm incomes. Although many of the policies put in place during the New Deal legislation in the 1930s were seen as temporary at the time, most have persisted in one form or another to the present day. And while many would argue that the form and function of today’s agricultural programs are less distortionary than before, the level of support provided to the sector is several billion dollars annually.

Keywords: UNITED STATES, NORTH AMERICA, agricultural policies, crop insurance, agricultural insurance, subsidies, World Trade Organization (WTO), trade, farm bill

Suggested Citation

Glauber, Joseph W. William and Effland, Anne, United States Agricultural Policy: Its Evolution and Impact (July 20, 2016). IFPRI Discussion Paper 1543, Available at SSRN: https://ssrn.com/abstract=2813385

Joseph W. William Glauber (Contact Author)

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

Anne Effland

U.S. Department of Agriculture (USDA) ( email )

1301 New York Ave. NW
Washington, DC 20250
United States

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