CAMBRIDGE, MA., Dec 11 2023 (IPS) - The dispute mounted by the U.S. government over Mexico’s policies to restrict the use of genetically modified corn is the latest example of the misuse of a trade agreement to impede social programs in Mexico and other countries. The U.S. government has been doing this for years.
It’s all about boosting exports. U.S. agricultural policies favor and encourage the overproduction of crops such as corn, soybeans and wheat. They depress prices, with supply regularly exceeding demand. It serves the interests of agribusiness, which benefits from high demand for its seeds, agrochemicals, and machinery, and low prices for livestock feed, for its ethanol factories, and for its highly processed food.
But farmers suffer from low crop prices and high input costs, kept high by corporate concentration. As the graph shows, between 1980 and 2020, U.S. farmers suffered losses in sales in 33 of the 40 years. The bottom line represents their profits without subsidies, in the negative in every year save the 2007-2013 period of the so-called “food crisis.”
(read the full article at IPS news, or in Spanish on Contralinea)