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Iowa Ag Review

Abstract

The Export Enhancement Program (EEP) was initiated under the Food Security Act of 1985. The purpose 9f the program was to offset the adverse effects on U.S. exports due to unfair trade practices or subsid'ies by competing exporters and also to support U ,S. prices. Supply restrictions, price supports, and export subsidies together have caused U.S. wheat prices to be above world prices over the past decade.