Trade Risk In Emerging-Country Farm Policies

Steps taken by major emerging economies to counter food price volatility and spur farm development have in many cases undermined international trade, the OECD said March 17. In a report on farm policy in seven emerging countries – Brazil, Chile, China, India, Russia, South Africa and Ukraine – the Organization for Economic Co-operation and Development

EU export subsidies provoke Cairns Group

“This is not the leadership we require from key economies at this point in time.” – Cairns group statement Canada, Australia and their farm trade allies called on Brussels Jan. 28 to repeal its decision to offer subsidies for European Union dairy exports, saying the move could drive down world prices and hurt poor farmers.


Instability feared without world trade deal

“If we don’t buy all that stuff from China, they’re not going to buy it themselves, no matter how much the government spends.” – Economist Richard Baldwin World Trade Organization (WTO) members need to lock in existing levels of liberalization rather than pushing for further gains, or they jeopardize a Doha trade agreement and risk

Russian Grain Union proposes export subsidies

The Russian Grain Union has asked the government to provide export subsidies to help the country’s suppliers overcome the global financial crisis and make the most of the best crop in 15 years, the union’s head said Nov. 13. Arkady Zlochevsky told Reuters Russian grain exports would reach 12 million tonnes between July and December