Quote:all the rest of the world heavily subsidizes their farming practices.
Just.... Not true. At least in Australias case.
Australia and New Zealand are the standout exceptions, producing more than 5 per cent of the West's farm output with less than 0.5 per cent of its subsidies. Australian farmers derived just 4 per cent of their income from government support, and NZ farmers 2 per cent.
Western subsidies to farmers edged even higher in 2003, with a record $US350 billion ($A506 billion) transferred to the industry by taxpayers and consumers in a single year.
The Organisation for Economic Co-operation and Development's annual monitoring of agricultural spending estimates that Western farmers derived 32 per cent of their revenue from government subsidies and price supports, up from 31 per cent in the previous two years.
A rising currency pushed up Europe's costly price supports, while reforms focused on increasing market efficiency and shifting to less trade-distorting subsidies, rather than reducing subsidies.
The OECD estimates that farmers received $372 billion in direct and indirect support, including higher prices through tariff protection, while governments spent another $90 billion on marketing, infrastructure, research and other industry support.
On its preferred rolling three-year measure, the OECD estimates that farm subsidies have declined from 37 per cent of farm revenue at the start of the Uruguay Round in the mid-'80s to 31 per cent now.
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