date:Jan 21, 2014
subsidies.
The key is not that they're subsidising farmers but how much they will give, said a trade source, who declined to be named.
The shift had been widely anticipated after several years of stockpiling failed to encourage an increase in cotton and soy planting by farmers while also pushing domestic prices well above international markets, stimulating more imports.
Global cotton prices, which climbed around 12 percent in 2013, may come under pressure from the change as it could free up m