In the face of rising farm subsidies across Western nations, only Australia and New Zealand have cut assistance to farmers.The Organisation for Economic Cooperation and Development’s 15th report, OECD: Agricultural Policies 2004 at a Glance, on Western farm subsidies, found that in 2003 Western farmers derived 32% of their net revenue from government subsidies and farm support, up from 31% in the previous two years.This assistance to farmers amounted to $A506 billion, or the equivalent of about …
