Crop subsidies common and increasing outside the U.S.

U.S. agriculture subsidies may get lambasted by the international press for suppressing farm prices abroad, but a study by Texas Tech University economists finds that developing countries are equally, if not more, prone to protecting their agricultural sectors.

Researchers in Texas Tech's Cotton Economics Research Institute studied the agricultural subsidies and protection applied by 21 countries to seven major crops: corn, cotton, rice, sorghum, soybeans, sugar and wheat.

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