(Sear Pratt – Western Producer)
U.S. wheat growers are celebrating a successful World Trade Organization challenge of China’s price supports but a Canadian official thinks it could be a short-lived victory.
A WTO dispute panel has ruled that Chinese government wheat, corn and rice payments to farmers exceed allowable limits and significantly distort global trade.
Chandler Goule, chief executive officer of the National Association of Wheat Growers, said the association was “very happy” with the ruling.
NAWG and U.S. Wheat Associates sponsored a 2016 Iowa State University study that determined China was paying its farmers US$10.40 per bushel for their wheat. Click here to read more.