Trade is critical to the U.S. agricultural sector—exports account for about 20% of total U.S. agricultural production. Some commodities, such as cotton, wheat, and soybeans, have export shares of nearly 50% or greater. As a member of the World Trade Organization (WTO), the United States has committed to abide by WTO rules and disciplines, including those that govern domestic farm policy.
Date of Report: October 22, 2014
Order Number: IF00055
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