World Perspectives
feed-grains livestock

Policy; CAFOs; Forum Shopping

Beijing will reportedly experiment with making a deficiency payment to farmers in order to bridge the difference between the market price and what farmers are demanding. Apparently, the government doesn't care that the U.S. and EU have moved away from such distorting policies, or that it is frowned upon by the WTO. Try Another Policy China's approach of buying grain from farmers at above market prices and then storing it has not worked out very well. The grain goes out of condition, and the country just sold nearly 16 percent of its old crop corn holdings, some of it likely receiving only half the price that the government paid for it. Now Beijing will reportedly experiment with making a deficiency payment to farmers in order to bridge th...

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