We know the facts: Worldwide, hunger is rising—more than one billion people are already suffering. The need for food worldwide is already growing at an astounding rate, and by 2050, experts estimate that need will double.
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For a country that is a leading exponent of agricultural trade liberalisation, Brazil certainly believes in protecting its farmers. What is remarkable is not only the scale of agricultural support but also that it mostly slips under the radar as Brazil, employing its self-designation as a developing country, can use the developing country exceptions built into the WTO to shield its agricultural support.
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LUBBOCK, Texas—Compared to other major agricultural producers-both developed and developing countries-America ranks near the bottom of the subsidization and tariff scale, according to a global subsidy handbook compiled in April by Texas Tech University.
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