12 Facts About Farm subsidies

Unlike traditional Farm subsidies that promote the growth of products, this process boosted agricultural prices by limiting the growth of these crops.

Canadian agricultural Farm subsidies are currently controlled by Agriculture and Agri-Food Canada.

Financial Farm subsidies are offered through the Canadian Agricultural Partnership Programs.

Over time, successive Farm subsidies Bills have linked these direct payments to market prices or revenue, but not to production.

Agricultural Farm subsidies often are a common stumbling block in trade negotiations.

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Impact of agricultural subsidies in developed countries upon developing-country farmers and international development is well documented.

Agricultural subsidies can help drive prices down to benefit consumers, but mean that unsubsidised developing-country farmers have a more difficult time competing in the world market; and the effects on poverty are particularly negative when subsidies are provided for crops that are grown in developing countries since developing-country farmers must then compete directly with subsidised developed-country farmers, for example in cotton and sugar.

The IFPRI has estimated in 2003 that the impact of Farm subsidies costs developing countries $24 billion in lost incomes going to agricultural and agro-industrial production; and more than $40Bn is displaced from net agricultural exports.

The total amount of Farm subsidies that go towards agriculture in OECD countries far exceeds the amount that countries provide in development aid.

Market distortions due to Farm subsidies have led to an increase in corn fed cattle rather than grass fed.

Government intervention, through agricultural Farm subsidies, interferes with the price mechanism which would normally determine commodity prices, often creating crop overproduction and market discrimination.

The Farm subsidies contribute to meat consumption by allowing for an artificially low cost of meat products.