Congress is on the verge of finalizing a new long-term farm bill to replace legislation passed in 1996. The earlier legislation, when it was enacted, received attention for ist potential to end farm subsidies as they had been known. If Congress had adhered to the 1996 law, both the level and...

Low and variable farm income has been a main rationale for heavy government intervention in agricultural markets and income transfers to farmers whether in Europe in response to disruptive agricultural imports and low world prices at the end of the 19th century or in the US in response to the...

Food safety shocks can threaten the health of consumers, create havoc within an industry and result in severe losses to producers. Governments often attempt to aid food safety by mandating standards and inspection of food products to supplement the efforts by private firms and industries. This...