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Economic Policy PaPEr SEriES
09
The Farm Bill and Beyond
dan morgan
ransatlantic Fellow, German Marshall Fund o the United States
 
© 2009 Te German Marshall Fund o the United States. All rights reserved.No part o this publication may be reproduced or transmitted in any orm or by any means without permission in writingrom the German Marshall Fund o the United States (GMF). Please direct inquiries to:Te German Marshall Fund o the United States1744 R Street, NWWashington, DC 200091 202 683 2650F 1 202 265 1662E ino@gmus.orgTis publication can be downloaded or ree at http://www.gmus.org/publications/index.cm. Limited printcopies are also available. o request a copy, send an e-mail to ino@gmus.org.
gmF Pp Ss
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abut gmF
Te German Marshall Fund o the United States (GMF) is a non-partisan American public policy and grant-making institu-tion dedicated to promoting greater cooperation and understanding between North America and Europe.GMF does this by supporting individuals and institutions working on transatlantic issues, by convening leaders to discussthe most pressing transatlantic themes, and by examining ways in which transatlantic cooperation can address a variety o global policy challenges. Working in partnership with the William and Flora Hewlett Foundation, GMF’s work on trade,agriculture, and development aims to promote greater cooperation between the United States and Europe on trade andagricultural policies as vital instruments o global prosperity.Founded in 1972 through a gi rom Germany as a permanent memorial to Marshall Plan assistance, GMF maintains astrong presence on both sides o the Atlantic. In addition to its headquarters in Washington, DC, GMF has seven ofces inEurope: Berlin, Bratislava, Paris, Brussels, Belgrade, Ankara, and Bucharest.
 
he Farm Bill And Beyond
Economic Policy Paper SeriesNovember 2009
B D Mg Fw, G M F   U S
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1
K G,   FP.,  j     w  G M F w.      GMF P S, w          , w,    G M F   U S.  w x            w  GMF. C    w;   -  @g.g.
S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3REBg. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11NS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M, P,   F L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3DEg. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  D Wk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3R Ck: P Bk P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35L L . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4SGg F. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-C Eg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47P. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5A: A Nw P  Ag? . . . . . . . . . . . . . . . . . . . . . . . . . . 54
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