U. S. and Eu Agriculture: Comparisons and Linkages

The European Union (EU) is one of the United States' chief agricultural trading partners but also a major competitor in world markets. Both the United States and the EU provide significant government support for their agricultural sectors. In 2009, the EU and the U.S. together accounted for 60% of all government support to agriculture among the major developed economies. In the U.S., federal farm policy has traditionally focused on price and/or income support programs concentrated on row cr...