The 2012 US Farm Bill and Cotton Subsidies: An Assessment of the Stacked Income Protection Plan

Date period
20 December 2012

SummaryA new programme in the upcoming US Farm Bill is intended to resolve the long standing dispute between the US and Brazil on cotton subsidies. Harry de Gorter of Cornell University evaluates this proposal, the Stacked Income Protection Plan for cotton (STAX), as well as its accompanying measures. Professor de Gorter includes recommendations on how the policy might be improved and offers insights on trends in US cotton production.