Study: China's Wheat Subsidies Continue to Harm U.S. Growers
USAgNet - 03/25/2016
The National Association of Wheat Growers joined with U.S. Wheat Associates in releasing an updated study quantifying the growing economic impact of China's domestic support programs on U.S. farmers.
Last September, NAWG and USW released the results of a broader study conducted by Iowa State University economist Dr. Dermot Hayes which showed that China’s excessive wheat subsidies caused U.S. wheat farmers to be losing out on $550 million in
the form of lost revenue resulting from depressed world prices.
The updated study released on Thursday demonstrates that the impact of China’s programs has grown since then by 16% to a $653 million impact. This econometric study follows a 2014 study conducted by DTB associates which explained how China
subsidizes its farmers and demonstrated the degree to which that country is exceeding its commitments under the World Trade Organization.