ABSTRACT

Agricultural Trade Issues in the 107th Congress [updated September 24, 2002]   [open pdf - 87KB]

"The 107th Congress has been considering a variety of trade issues with implications for the U.S. agricultural sector. Trade in agricultural commodities and food products affects farm income and rural employment, and it also generates economic activity beyond the farm gate. With agricultural export sales the equivalent of about 25% of gross farm income, some policymakers view U.S. efforts to develop market opportunities overseas as vital to the sector's financial health. Decisions by the Bush Administration, and actions taken by Congress, thus could affect the outlook for agricultural trade. U.S. agricultural exports are forecast to improve through FY2003. Agricultural groups and their supporters in Congress believe that the pace of improvements depends partly on U.S. trade policies that: (1) aggressively reduce foreign-imposed barriers to U.S. farm products, (2) hold other countries accountable for commitments they have already made in existing trade agreements, (3) resolve festering disputes with major trading partners, and (4) fully use U.S. Department of Agriculture (USDA) export and food aid programs. On the other hand, some continue to press for restrictions on various agricultural imports, to protect U.S. producers from what they view as unfair foreign competition."

Report Number:
CRS Issue Brief for Congress, IB10077
Author:
Publisher:
Date:
2002-09-24
Series:
Copyright:
Public Domain
Retrieved From:
U.S. Department of State: http://www.state.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations