Agricultural subsidies estimates $486 billion in top 21 food-producing countries; members of the Organisation for Economic Co-operation and Development (OECD) have $249 billion in 2012

July 15, 2014

"In 2012, the most recent year with data, agricultural subsidies totaled an estimated $486 billion in the top 21 food-producing countries in the world.1 These countries—the members of the Organisation for Economic Co-operation and Development (OECD) and seven other countries (Brazil, China, Indonesia, Kazakhstan, Russia, South Africa, and Ukraine)—are responsible for almost 80 percent of global agricultural value added in the world.2 OECD countries alone spent $258.6 billion in subsidies to support farming in their respective countries in 2012.3"

 

Agricultural Subsidies Remain a Staple in the Industrial World, Vital Signs, World Watch, 2014, http://vitalsigns.worldwatch.org/vs-trend/agricultural-subsidies-remain-...

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