Substantial changes have taken place recently in the regulation of agricultural trade in North America. The effect of these changes on trade in agricultural commodities is of particular interest to producers and policymakers in the Northern Plains and Rockies region. In this paper, we discuss...

The 1996 Farm Bill, now known as the FAIR (Federal Agricultural Improvement and Reform) Act of 1996, has been portrayed as reforming U.S. agricultural policy. Gone are set aside and base acreage controls over farm planting decisions. Gone, too, are deficiency payment programs that provided...

The future role of China in world wheat markets is a compelling and important issue for producers in the Northern Plains. Some analysts have estimated that China will continue to demand large quantities of imported wheat. Others have forecast that China will gradually move to a position where...