U.S. agriculture formally entered a new era in April 1996 when a new seven-year farm bill was signed into law overturning 60 years of commodity programs. The new bill set agriculture on a new course where markets, not government programs, will determine agriculture's products and its bottom...

Sluggish growth in global food markets has diminished the competitive advantage U.S. agriculture derives from its huge resource base and superior infrastructure. Unless robust growth in foreign markets resumes, U.S. policymakers will face a difficult choice - let the market remove farm resources...

Throughout the 1990s, the pork industry has been at the forefront of a revolution in the structure of the U.S. food and agricultural sector. In particular, the pork industry has been rapidly moving away from its traditional structure built on hundreds of thousands of small farms selling hogs at...