Harvesting rough edges

Randy Allen

American Bankers Association, 1998, vol. 11, issue 2

Abstract: Even after the GATT and NAFTA signings, world agriculture is still not playing on the same sheet music. US agriculture has concluded with an Apocryphal 7-year farm bill that is currently in its 2nd year. The Australian Wheat Board has basically dissolved itself with freer enterprise replacing the older socialist ag programs. The Canadian Wheat Board is still hypnotized with antiquated government controls, while Europe continues to spend nearly 1/2 its national budgets on farm subsidies. For the most part, US agriculturists have freer markets. At least they can plan and control their financial destinies by making their own marketing decisions with whom they chose.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1998
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