New study says foreign subsidies crimp U.S. wheat exports

Farm subsidies in China, India, Brazil and Turkey cost U.S. wheat growers nearly $1 billion in revenue annually, says a study commissioned by two U.S. wheat groups. “That’s a huge amount,” said farmer Jason Scott, who chairs U.S. Wheat Associates. The study, by three Iowa State University economists, said U.S. wheat exports would be 52… » Read More