Tuesday - July 25th, 2017

China Cut Agricultural Subsidies and American Farmers Have a Lot to Gain


China Cut Agricultural Subsidies and American Farmers Have a Lot to Gain

A string of agricultural overhauls has set up China to import more grains and other commodities, with significant consequences for global markets.

Over the past three years, China has abolished guaranteed minimum prices for cotton, soybeans, corn and sugar, causing domestic production of those staples to drop. Grain production fell in 2016 for the first time in 13 years, and production of sugar and cotton has fallen by more than a...

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