[Congressional Record Volume 151, Number 133 (Wednesday, October 19, 2005)]
[House]
[Page H8959]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WTO NEGOTIATIONS ON U.S. AGRICULTURE
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Nebraska (Mr. Osborne) is recognized for 5 minutes.
Mr. OSBORNE. Mr. Speaker, at the present time we are conducting some
talks, WTO negotiations, involving the European Union. I would like to
call attention to some figures that I think most people are not totally
aware of.
First of all, if you compare the United States economy with the
European Union, the United States economy is $11.7 trillion annually
and the European Union is $9.4 trillion. So they are pretty comparable.
The import tariffs we have on goods coming from the European Union into
the U.S. are 12 percent, and tariffs on U.S. goods going into the
European Union are 30 percent.
So we have comparable economies and yet a tremendous disparity in
tariffs. This led to an agricultural trade deficit of minus $6.3
billion last year, which was the biggest deficit that we had with any
entity that we were trading with for agriculture.
On export subsidies, the European Union provides $3 billion and we
provide $31.5 million, so they are roughly 100 to 1 on money they spend
on subsidizing their exports to other countries. As far as farm
subsidies per acre are concerned, the United States subsidizes
agriculture at $38 per acre with the European Union at $295 an acre. So
this is a tremendous discrepancy.
One other set of data I wish to point out is that we have had two
cases of BSE, or mad cow disease, in the United States. The European
Union has had 189,102 in the European Union in the last 10, 15 years.
Yet the European Union excludes our exports of beef into the European
Union, our pork, our genetically modified crops, such as corn, and also
poultry. So we are really having a very difficult time with the
European Union when you look at all these figures.
Currently, we are having some preliminary WTO talks where we are
looking at some ways to try to fix world trade, and I want to point out
a couple of things.
{time} 1715
First of all, we are proposing that the United States reduce farm
subsidies 60 percent, which would mean that we would drop our subsidies
from $19 billion a year to roughly $17.5 billion a year, and at the
same time we are proposing that the European Union reduce agricultural
subsidies to 83 percent, which would be a decrease from $80 billion
down to $15 billion. That is a big drop, but still the European Union
would be subsidizing double what the United States does. The European
Union has rejected this offer at the present time.
I think it is important that people realize what happens in the next
round of WTO talks will have great implications for the next farm bill
which will be written in 2007 and go into effect in 2008. We are apt to
see a move toward conservation types of payments, away from traditional
types of payment.
We will have to be concerned about developing countries like Brazil.
Brazil has land valued at $250 to $500 an acre. They have enough rain
and topsoil to produce two crops a year. Their labor is 50 cents an
hour. They can pretty well bury us if we do not provide some subsidy
for our agriculture.
Lastly, I would like to issue a warning. We saw what happened to our
petroleum industry. We found we could buy a barrel of oil from OPEC a
few years ago for $10 a barrel. We began to get more and more from
OPEC. Finally, we are pretty well dependent on foreign sources of oil.
We cannot afford to let this happen to our agricultural economy.
Certainly changes are in order, but I think it is important we proceed
cautiously because we do not lose our food supply to foreign sources,
which would be even more devastating than losing our oil supply to
sources abroad.
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