It is important to note, however, that the US share of the world cotton market has grown primarily


It is important to note, however, that the US share of the world cotton market has grown primarily as a result of capturing much of the foreign demand growth during a period when foreign consumption has outpaced foreign production. Although less dramatic, US rice exports also increased as prices plummeted. This lends credence to those who argue that the US is not just offering, but dumping, commodities on the world market below the production cost to the detriment of small farmers worldwide.

Source: "Agriculture in Crisis," Rethinking US Agricultural Policy: Changing Course to Secure Farmer Livelihoods Worldwide, September 2003, 13

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