Under the 2014 US Farm Bill, US cotton producers will receive significant subsidies which will have trade-distorting effects irrespective of future cotton prices. At a futures market cotton price of US$ 0.70/lb, US subsidy programmes are likely to suppress artificially the world cotton price by almost 7 percent, and result in about US$ 3.3 billion of loss for cotton-producing countries around the world, most of which are developing countries. This paper seeks to provide an objective, evidence-based assessment of the effects on the world market for cotton of the US cotton subsidies under the 2014 US Farm Bill.
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/2014-us-farm-bill-and-its-effects-world-market-cotton
[2] http://admin.indiaenvironmentportal.org.in/category/author/christian-lau
[3] http://admin.indiaenvironmentportal.org.in/category/author/simon-schropp
[4] http://admin.indiaenvironmentportal.org.in/category/author/daniel-sumner
[5] http://admin.indiaenvironmentportal.org.in/category/publisher/international-centre-trade-and-sustainable-development-ictsd
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cotton
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/developing-countries
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/wto
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade