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Subsidies and overproduction in farming debated
An analysis argues subsidies may be effect rather than cause of farm price drops. Data from 1994 to 2000 shows mixed production shifts across countries with varying subsidy levels. The piece notes farmers seek market power through unions and asks how to reduce subsidies without worsening over production.
MENTIONED IN THIS ARTICLE
U.S
Argentina
Australia
Canada
European Union
Tyson Foods
Paul Beingessner