Agricultural Policy Monitoring and Evaluation 2018

image of Agricultural Policy Monitoring and Evaluation 2018

This report is the 31st in the series of OECD reports that monitor and evaluate agricultural policies across countries, and the 6th report to include all 35 OECD countries, the 6 non-OECD EU Member States and a set of emerging economies: Brazil, the People’s Republic of China, Colombia, Costa Rica, Kazakhstan, the Philippines, the Russian Federation, South Africa, Ukraine and Viet Nam. This annual report is a unique source of up-to-date estimates of support to agriculture and uses a comprehensive system of measuring and classifying support to agriculture – the Producer and Consumer Support Estimates (PSEs and CSEs), the General Services Support Estimate (GSSE) and related indicators. These estimates provide insight into the increasingly complex nature of agricultural policy and serve as a basis for OECD’s agricultural policy monitoring and evaluation. Detailed data and documentation for the calculation of support are available on line www.oecd.org/agriculture/PSE.

Comprehensive country chapters and the Statistical Annex containing detailed background tables with indicators of agricultural support are available in electronic form at the publication website http://dx.doi.org/10.1787/agr_pol-2018-en.

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United States

The level of support provided to agricultural producers in the United States has been consistently below the OECD average. Market price support (MPS) has become a progressively smaller share of US support to agriculture. Budgetary support has increased in importance over time, mainly due to increases in payments that require production and, to a lesser extent, increases in input payments. Reflecting the fact that many agricultural policies are counter-cyclical to market prices, the level of budgetary support is inversely related to market price developments. As a result, support has peaked when world commodity prices were depressed (in terms of USD), while high commodity prices after 2007‑08 contributed to lower levels of support.

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