U.S. Agricultural Policy: Impacts on Domestic and International Food Security

aDepartment of Agricultural Economics, Montana State University, Bozeman, MT 59717, USA, Email address:
bInternational Food Policy Research Institute, Washington, DC, USA, Email address:

World Agricultural Resources and Food Security

ISBN: 978-1-78714-516-0, eISBN: 978-1-78714-515-3

ISSN: 1574-8715

Publication date: 15 July 2017

Abstract

This study concludes that current U.S. agricultural subsidy programs have small or negligible impacts on the aggregate level and mixture of U.S. agricultural output, U.S. domestic prices and global prices, and domestic and global food insecurity among poor households. The RFS has increased prices for food and feed grain and oilseeds with adverse implications for the urban poor in developing countries and some poor U.S. households. The portfolios of U.S. food-aid programs are managed inefficiently because of congressional mandates designed to aid special interest groups that waste 30% of the current budget. While U.S. subsidy programs likely should be moderated for other reasons, they have few impacts on domestic and globally food-insecure households. However, in relation to global and domestic food insecurity, the RFS should be discontinued and major reforms to U.S. international food aid implemented.

Keywords

Citation

Smith, V. and Glauber, J. (2017), "U.S. Agricultural Policy: Impacts on Domestic and International Food Security", World Agricultural Resources and Food Security (Frontiers of Economics and Globalization, Vol. 17), Emerald Publishing Limited, pp. 125-141. https://doi.org/10.1108/S1574-871520170000017009

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Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited

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