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<classification authority="sudocs">GA 1.13:RCED-94-79</classification>
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 <reportNumber>RCED-94-79</reportNumber>
 <subject>Farm subsidies</subject>
 <subject>Exporting</subject>
 <subject>Grain and grain products</subject>
 <subject>Farm income stabilization programs</subject>
 <subject>Commodity marketing</subject>
 <subject>Comparative analysis</subject>
 <subject>Econometric modeling</subject>
 <subject>Agricultural policies</subject>
 <subject>Price supports</subject>
 <subject>Economic analysis</subject>
 <identifier>USDA Export Enhancement Program</identifier>
 <identifier>Algeria</identifier>
 <identifier>Egypt</identifier>
 <identifier>Soviet Union</identifier>
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 <identifier>China</identifier>
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 <title>Wheat Support: The Impact of Target Prices Versus Export Subsidies</title>
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<abstract>The Export Enhancement Program lowers the price of U.S. agricultural
products to overseas markets in order to boost the U.S. share of world
markets and is intended to pressure countries that subsidize
agricultural exports to eliminate trade-distorting practices. The
program is particularly important for wheat. Since 1985, more than half
of all U.S. wheat has been exported and more than half of these exports
have received program subsidies. Program expenditures totaled $6.34
billion from its inception in 1985 through fiscal year 1993; 76 percent
of this was for wheat exports. This report (1) examines how the program
has affected the income of wheat producers and grain exporters and (2)
determines to what extent wheat farmers&apos; incomes would have increased if
more program funds had been used for direct income support payments
through higher target prices.</abstract>
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<identifier type="preferred citation">GAO/RCED-94-79</identifier>
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<note>Letter Report</note>
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 <searchTitle>GAO/RCED-94-79; Wheat Support: The Impact of Target Prices Versus Export Subsidies;
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<subject>
 <topic>Farm subsidies</topic>
 <topic>Exporting</topic>
 <topic>Grain and grain products</topic>
 <topic>Farm income stabilization programs</topic>
 <topic>Commodity marketing</topic>
 <topic>Comparative analysis</topic>
 <topic>Econometric modeling</topic>
 <topic>Agricultural policies</topic>
 <topic>Price supports</topic>
 <topic>Economic analysis</topic>
 <topic>USDA Export Enhancement Program</topic>
 <topic>Algeria</topic>
 <topic>Egypt</topic>
 <topic>Soviet Union</topic>
 <topic>Morocco</topic>
 <topic>China</topic>
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