Issues Surrounding the Management of Agricultural Exports

Trade, particularly exports, is critical to the vitality of American agriculture. On average, foreign markets absorb about one-fifth of U.S. agricultural production, thus contributing significantly to the health of the farm economy. The positive economic effects of trade in farm products are felt well beyond the farm gate. Farm product exports make up about 10% of total U.S. exports and contribute positively to the U.S. balance of trade. The economic benefits of agricultural exports also extend across rural communities, while overseas farm sales help to buoy a wide array of industries linked to agriculture, including transportation, processing, and farm input suppliers. Moreover, most of the future growth in food demand is expected to occur in developing countries. This book discusses major agricultural trade issues in the 114th Congress, as well as provides the reader with a background and issues of agricultural exports and the 2014 Farm Bill programs. It concludes with alternative policies to agricultural export taxes that are less market distorting.

Prepared under the aegis of the Food and Agriculture Organization of the United Nations (FAO), this text presents a fresh and comprehensive look at agricultural development policy. It provides a clear, systematic review of important classes of policy issues in developing countries and discusses the emerging international consensus on viable approaches to the issues. The text is unique in its coverage and depth and it: Summarises hundreds of references on agricultural development policies Cites policy experiences and applied studies in more than 70 countries Provides guidance for policy makers giving examples of successes and failures Reviews issues related to the formulation of strategies and the requirements for making them successful Develops the conceptual foundations and illustrates policies that have worked, and some that have not, with explanations Topics covered include agriculture’s role in economic development, the objectives and strategies of agricultural policy, linkages between macroeconomic and agricultural policy, policies for the agricultural financial system and agricultural technology development. Upper level undergraduates taking courses in Economic Development and International Development and graduates taking courses in Agricultural Development, International and Economic Development, Natural Resource Management and specialised topics in agriculture will find this text of great interest. It also serves as a reference for professionals and researchers in the field of International Development.