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U.S. farm policy - at a crossroads? The 2007 farm bill and the Doha Round

U.S. farm policy - at a crossroads? The 2007 farm bill and the Doha Round

Working Paper The Food Industry Center, University of Minnesota (WP05-03): 16 pp.

This paper outlines a three-pronged effort to update US farm policy for the 21st century. The first prong involves redesigning the farm safety net. It is suggested that combining the coverage of weather and price risks into a safety net focused on revenue will be able to eliminate many of the shortcomings of the present policy structure, and do so at a lot less taxpayer cost.

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