USDA Will Stop Paying Brazil

Ag Secretary Cutting Off Payments From WTO Case on Cotton

Jerry Hagstrom
By  Jerry Hagstrom , DTN Political Correspondent
After a World Trade Organization panel ruled that U.S. cotton subsidies from the 2002 farm bill had inflicted harm on the Brazilian cotton industry, the United States agreed in 2010 to make an annual $147 million payment to Brazil until the next farm bill changed the subsidies. (DTN/The Progressive Farmer file photo)
U.S. Ag Secretary Tom Vilsack has told Brazilian officials he doesn't have the money to float their payments from the WTO case on cotton. He emphasized that Senate Agriculture Committee Chairman Debbie Stabenow, D-Mich., and Sen. Roy Blunt, R-Mo., his traveling...

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Jerry Hagstrom