The growth of upland cotton was previously encouraged in Arizona by successive federal farm bills which administered subsidies to farmers per pound of upland cotton produced. For example, provisions of the Food, Conservation, and Energy Act of 2008 entitled farmers to a direct payment of $0.0667 per pound of upland cotton produced as well as counter-cyclical payments if the effective price for upland cotton fell below the $0.7125 per pound target price for the produce and a marketing assistance loan of up to $0.52 per pound.
Following the settlement of a World Trade Organization dispute between Brazil and the United States in 2009, the practice of administering direct subsidies to cotton farmers was found to be inconsistent with the terms
Following the settlement of a World Trade Organization dispute between Brazil and the United States in 2009, the practice of administering direct subsidies to cotton farmers was found to be inconsistent with the terms