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Johanns: U.S. must reform farm policy

by 5m Editor
4 September 2006, at 10:35am

US - The United States needs to reform its farm policy even if currently suspended global trade negotiations fail to produce an agreement in the near future, U.S. Secretary of Agriculture Mike Johanns said this week.

Johanns said that if a global trade accord eventually is concluded, it likely would require the United States to reduce substantially agricultural subsidies and other farm supports.

He spoke Aug. 31 at a panel discussion at the Cato Institute, a policy research group based in Washington.

The global trade talks, formally called the Doha Development Agenda and held under the auspices of the World Trade Organization (WTO), were suspended indefinitely on July 24 after negotiators from member countries failed to bridge major differences, particularly in the area of agriculture.

Source: Agriculture.com

5m Editor