Document: WT/DS267/R/Add.3 Page O-1 ANNEX O LIST OF EXHIBITS Contents Page Annex O-1 List of Exhibits of Brazil O-2 Annex O-2 List of Exhibits of the United States O-24
Document codes: WT/DS267/R/Add.3
Complainant: Brazil
Respondent: U.S.
Third parties: Argentina, Australia, Benin, Canada, Chad, China, Taiwan, EU, India, New Zealand, Pakistan, Paraguay, Venezuela, Japan, Thailand
Dispute stage: Mutually Agreed Solution
Agreements cited: Art. 3, 5, 6  Subsidies and Countervailing Measures (SCM)Art. 3.3, 7.1, 8, 9.1, 10.1  AgricultureArt. III:4, XVI  GATT 1994

ANNEX O

LIST OF EXHIBITS

Contents Page
Annex O-1 List of Exhibits of Brazil O-2
Annex O-2 List of Exhibits of the United States O-24

ANNEX O-1

TABLE OF EXHIBITS OF BRAZIL

Exhibit BRA-1 Draft Understanding on Rul es and Procedures Governing the Settlement
of Disputes, 15 June 1992
Exhibit BRA-2 Draft Understanding on Rul es and Procedures Governing the Settlement
of Disputes, 15 November 1993
Exhibit BRA-3 Roger Thurow and Scott Kilman, “US Subsidies Create Cotton Glut That
Hurts Foreign Cotton Farms”, The Wall Street Journal, 26 June 2002
Exhibit BRA-4 “Fact Sheet: Upland Cotton”, USDA, January 2003.
Exhibit BRA-5 “Agricultural Policies in OECD Countries – Monitoring and Evaluation
2003,” OECD, 2003
Exhibit BRA-6 CCC Marketing Loan Wr ite – Offs (Gains) – FY 1994-2002
Exhibit BRA-7 ERS Data: Commodity Costs and Returns
Exhibit BRA-8 Cotton and Wool Situation and Outlook Yearbook 2002, USDA,
November 2002
Exhibit BRA-9 “Cotton: World Statistics”, ICAC, September 2002.
Exhibit BRA-10 Cotton and Wool Outlook, 12 June 2003
Exhibit BRA-11 Cotton Outlook, 30 November 2001 and 5 April 2002
Exhibit BRA-12 “Cotton: Background for 1995 Farm Legislation”, USDA, April 1995
Exhibit BRA-13 ERS Briefing Room Cotton: Background
Exhibit BRA-14 “Survey of Cost of Production”, ICAC, September 2001
Exhibit BRA-15 “Cultivating Poverty: The Impact of US Cotton Subsidies on Africa”,
Oxfam Briefing Paper 30, 27 September 2002
Exhibit BRA-16 “Characteristics and Produc tion Costs of US Cotton Farms”, USDA,
October 2001
Exhibit BRA-17 Yearly A – Index Prices
Exhibit BRA-18 “Prospective Plantings”, USDA, 31 March 2003
Exhibit BRA-19 “Cotton this Month”, ICAC, 1 April 2003
Exhibit BRA-20 Cotton and Wool Outlook, USDA, 11 April 2003
Exhibit BRA-21 “Cotton: World Markets and Trade”, USDA Foreign Agricultural Service,
January 2003 Edition

Exhibit BRA-22 “Cotton Marketing Weekly” dated 25 April 2003
Exhibit BRA-23 “Cotton: Total Accumulated Exports of Cotton by Country”, USDA
Exhibit BRA-24 “Provisions of the Agricultu ral Improvement and Reform Act of 1996,
Appendix III: Major Agricultural and Trade Legislation, 1933-96”, USDA
Exhibit BRA-25 “1996 FAIR Act Frames Po licy For 7 Years”, Agricultural Outlook
Supplement, April 1996
Exhibit BRA-26 7 CFR 1413, Deficiency Payment Program, 1993 Edition
Exhibit BRA-27 Side by Side Comparison of the 1996 and 2002 Farm Act, USDA
Exhibit BRA-28 1996 Federal Agricultu re Improvement and Reform Act
Exhibit BRA-29 2002 Farm Security and Rural Investment Act
Exhibit BRA-30 Federal Crop Insurance Act
Exhibit BRA-31 7 CFR 1412: Production Flexibility Contracts for Wheat, Feed Grains,
Rice, and Upland Cotton, 2002 Edition.
Exhibit BRA-32 7 CFR 1427.1100 at seq.: Cottonseed Payment Program, 2002 Edition
Exhibit BRA-33 7 CFR 1400: Payment Limitation and Payment Eligibility, 2003 Edition
Exhibit BRA-34 7 CFR 1401: Commodity Certifi cates, in Kind Payments, and Other Forms
of Payment, 2003 Edition
Exhibit BRA-35 7 CFR 1412: Direct and Counter-Cyclical Program and Peanut Quota
Buyout Program, 2003 Edition
Exhibit BRA-36 7 CFR 1427.1 at seq.: Nonrecourse Cotton Loans and Loan Deficiency
Payments, 2003 Edition
Exhibit BRA-37 7 CFR 1427.100 at seq.: Upland Cotton User Marketing Certificates, 2003
Edition
Exhibit BRA-38 7 CFR 1493: CCC Export Credit Guarantee Programs, 2003 Edition
Exhibit BRA-39 7 CFR 400 Excerpts: Federal Crop Insurance Corporation, 2003 Edition
Exhibit BRA-40 ERS Briefing Room Cotton: Policy
Exhibit BRA-41 Congressional Hearing, “The Future of Federal Farm Commodity
Programs (Cotton)”, House of Representatives, 15 February 2001
Exhibit BRA-42 “The 2002 Farm Act, Provi sions and Implications for Commodity
Markets”, USDA, November 2002

Exhibit BRA-43 67 Federal Regist er, N° 203, 21 October 2002
Exhibit BRA-44 “Direct Payment and CCP Enrolment Report”, USDA, 19 June 2003
Exhibit BRA-45 “Fact Sheet: Upland Cotton”, USDA, June 2001
Exhibit BRA-46 “Cotton: Background and Issues for Farm Legislation”, USDA,
July 2001
Exhibit BRA-47 G/AG/N/USA/43
Exhibit BRA-48 “Counter-Cyclical Payments under the 2002 Farm Bill”, National Cotton
Council, June 2003
Exhibit BRA-49 Brazil’s Questions for the purposes of Annex V Procedure, March 2003
Exhibit BRA-50 “Farm Services Agency Background Information: Non-recourse
Marketing Assistance Loans and Lo an Deficiency Payments”, USDA,
March 1998
Exhibit BRA-51 Cotton Outlook, 1 February 2002: US Price Mechanism
Exhibit BRA-52 “Fact Sheet: Commodity Certificates”, USDA, July 2000
Exhibit BRA-53 “NCC Delegates Focus on Farm Program Specifics”, National Cotton
Council, 31 January 2001
Exhibit BRA-54 “Farm Subsidy Limit Loophole Cost taxpayer Billions in Payments to
Biggest Farmers”, Environmental Working Group, 1 May 2002
Exhibit BRA-55 Loan Deficiency Payment and Price Support Cumulative Activity as of
6/11/2003, USDA, 13 June 2003.
Exhibit BRA-56 Bruce Gardner, “American Agriculture in the Twentieth Century”,
Cambridge: Harvard University Press, 2002
Exhibit BRA-57 “Crop Year Statistics”, Federal Crop Insurance Corporation
Exhibit BRA-58 “US Crop Insurance: Premiu ms, Subsidies & Participation”, USDA,
Agricultural Outlook, December 2001
Exhibit BRA-59 “Briefing Room: Farm and Co mmodity Policy: Crop Yield and Revenue
Insurance”, USDA
Exhibit BRA-60 RMA Online, Crop Policies, 23 March 2003
Exhibit BRA-61 “NCC Summary of Key Prov isions of Crop Insurance Reform
Legislation”, NCC.
Exhibit BRA-62 RMA Online – Crops Covered under the 2002 Crop insurance Program
Exhibit BRA-63 “Production and Price Impacts of US Crop insurance Subsidies: Some
Preliminary Results”

Exhibit BRA-64 “Weak Demand Dampens Ou tlook for US Cotton”, USDA Agricultural
Outlook, November 1999
Exhibit BRA-65 Upland Cotton Dom estic User/Exporter Agreement
Exhibit BRA-66 Sample Format Weekly Co nsumption/Application For Payment Report
Exhibit BRA-67 Cotton Outlook
Exhibit BRA-68 “Weekly Step 2 Certificate Values”. EconCentral, National Cotton
Council of America, 13 June 2003
Exhibit BRA-69 Step 2 Domestic and Export payments by US Fiscal Year
Exhibit BRA-70 “Export News and Opportunities”, USDA Foreign Agricultural Service
Exhibit BRA-71 “Fact Sheet: CCC Export Credit Guarantee Programs (GSM-102/103”
Exhibit BRA-72 “Fact Sheet: CCC Supplier Credit Guarantee Program”
Exhibit BRA-73 Summary of Export Credit Gurantee Programs, FY 1999-2003
Exhibit BRA-74 Farm Service Agency Ne ws Room, Release N° 1532.03, 25 April 2003
Exhibit BRA-75 Stewart, Terrence, The GATT Uruguay Round, A Negotiating History,
Vol. IV, p. 24-25
Exhibit BRA-76 CCC Loan Deficiency Payments – FY 1994-2002
Exhibit BRA-77 “Fact Sheet: Agricultural Assistance Act of 2003”, February 2003.
Exhibit BRA-78 G/AG/N/USA/17
Exhibit BRA-79 “US Farm Program Benefits: Links to Planting Decisions & Agricultural
Markets”, Agricultural Outlook, October 2000
Exhibit BRA-80 “How Decoupled Is US Agri cultural Support for Major Crop”, American
Journal of Agricultural Economy 82, August 2000
Exhibit BRA-81 Ivan Roberts and Frank Jo tzo, “2002 US Farm Bill: An Australian
Perspective on its Impact”, ABARE, Australian Commodities, Vol. 9, N°
2 June Quarter 2002
Exhibit BRA-82 “USDA Baseline Projections”, USDA, February 2003
Exhibit BRA-83 Schedule XX of the United Stat es of America, part IV, Section II entitled
Export Subsidies: Budgetary Ou tlays and Quantitative Reduction
Commitments
Exhibit BRA-84 G/AG/W/56
Exhibit BRA-85 “FATUS Export Aggregations”
Exhibit BRA-86 “FAS Agricultural Export Commodity Aggregations”

Exhibit BRA-87 Testimony of August Schumac her Jr., Under Secretary, Farm and
Foreign Agricultural Service, USDA, before the Subcommitte on General
Farm Commodities, Hearing on the As ian Financial Crisis, 4 88February
1998
Exhibit BRA-88 US Budget for Fiscal Year 2003
Exhibit BRA-89 US Budget for Fiscal Year 2002
Exhibit BRA-90 US Budget for Fiscal Year 2001
Exhibit BRA-91 US Budget for Fiscal Year 2000
Exhibit BRA-92 US Budget for Fiscal Year 1999
Exhibit BRA-93 US Budget for Fiscal Year 1998
Exhibit BRA-94 US Budget for Fiscal Year 1997
Exhibit BRA-95 US Budget for Fiscal Year 1996
Exhibit BRA-96 “Iraqgate: Saddam Hussein, US Policy and the Prelude to the Persian
Gulf War, 1980-1994”
Exhibit BRA-97 “Agricultural Export and Food Aid Programs”, Congressional Research
Service: Issue Brief to Congress, 14 June 2002
Exhibit BRA-98 “Guarantee Fee Rate Schedule Under GSM 102 and GSM 103”
Exhibit BRA-99 G/AG/N/USA/39
Exhibit BRA-100 “US Cotton and the Apprecia tion of the Dollar”, USDA, Agricultural
Outlook, April 2002
Exhibit BRA-101 Brazil’s Questions for the Purposes of the Consultations,
22 November 2002
Exhibit BRA-102 Statement of Administrative Action
Exhibit BRA-103 “1993 Cotton Management Ec onomic Notes”, University of Arizona,
27 July 1993.
Exhibit BRA-104 CV and Selected Publi cations of Professor Daniel Sumner
Exhibit BRA-105 Statement by Professor Daniel Sumner at the First Meeting of the Panel.
Exhibit BRA-106 “United States State Fact Sheet”, ERS, USDA Data, 15 July 2003.
Exhibit BRA-107 “US and State Farm Income Data, Farm Cash Receipts, 1924-2001,”
ERS, USDA, June 2003.
Exhibit BRA-108 « United For Profits », Nati onal Cotton Council Organizational Chart and
Membership.

Exhibit BRA-109 Testimony (Full) of R obert McLendon, Chairman, NCC Executive
Committee, Before the House Agri cultural Committee. National Cotton
Council (NCC)
Exhibit BRA-110 « Cotton Briefing Room : Farm Commodity Policy, Updating Base Acres
and Payment Yields”, USDA, 30 June 2003
Exhibit BRA–111 “The Six Year World Outlook for Cotton and Peanuts: Implications for
Production and Prices.”Bob McLendon, National Cotton Council
Exhibit BRA–112 “Expected Payment Rates to Upland Cotton Producers for Calendar
Years 2002 and 2003”, prepared by the National Cotton Council,
October 2002.
Exhibit BRA–113 “Farm Bill: Fundamental Change in Farm Policy”, Delta Farm Express.
Exhibit BRA-114 “US Debt Reduction Activities, FY 1990 through FY 1999,” US
Treasury Department, Public Report to Congress, February 2000.
 Exhibit BRA-115 US General Accountin g Office, Report to the Chairman,
Subcommittee on Criminal Justic e, US House of Representatives
Committee on the Judiciary, “Loa n Guarantees: Export Credit
Guarantee Programs’ Long Run Costs are High,” GAO/NSIAD-91-
180, 19 April 1991.
 Exhibit BRA-116 “OMB Circular A-11”
 Exhibit BRA-117 2 U.S.C § 661 et seq.
 Exhibit BRA-118 Federal Accounting Standards Advisory Board, “Statement of Federal
Financial Accounting Standards N° 19, Technical Amendments to
Accounting Standards for Direct Loans and Loan Gurantees” in
STATEMENT OF FEDERAL FINANCIAL ACCOUNTING
STANDARDS N° 2, March 2001.
 Exhibit BRA-119 US Federal Reform Act of 1990, adopted as Public Law 101-508, 5
November 1990
 Exhibit BRA-120 GAO, Report to the Direct or, Office of Mana gement and Budget,
“Credit Reform: Review of OMB’s Credit Subsidy Model,”
GAO/AIMD-97-145, August 1997.
 Exhibit BRA-121 US General Accounting Office, Report to Congressional Committees,
“Credit Reform: US Needs Better Method for Estimating Cost of
Foreign Loans and Guarantees,” GAO/NSIAD/GGD-95-31,
December 1994.
 Exhibit BRA-122 Federal Accounting Standard s Advisory Board, Statement of Federal
Financial Accounting Standards N° 18, “Amendments to Accounting
Standards for Direct Loans and Loan Guarantees” in STATEMENT
OF FEDERAL FINANCIAL ACCOUNTING STANDARDS N°2,
May 2000.

 Exhibit BRA-123 Congressional Budget Office, “Budgeting for Administrative Costs
under Credit Reform.” January 1992.
 Exhibit BRA-124 Ashoka Mody and Dilip K. Patro, “Valuing and Accounting for Loan
Guarantees,” 11 WORLD BA NK RESEARCH OBSERVER,
February 1996.
 Exhibit BRA-125 US Budget for FY 1994
 Exhibit BRA-126 US Budget for FY 1995
 Exhibit BRA-127 US Budget for FY 2004
 Exhibit BRA-128 www.europa.eu.int
, http://mkaccdb.eu.int/miti/dsu
 Exhibit BRA-129 “USDA Issues $ 50 Million in Payments for 2002 Crop Cottonseed
Program”, USDA News Release, 5 June 2003.
 Exhibit BRA-130 “Farm Program Payments and the Economic Viability of Production
Agriculture,” A Report to the US Congress, August 2002, ERS,
USDA.
 Exhibit BRA-131 “The Effects of the 1996 Farm Bill on Feed and Food Grains”, Vincent
H. Smith/ Joseph W. Glauber, Trade Research Center, Policy Issues
paper N° 3.
 Exhibit BRA-132 Fruits, Nuts and Vege tables Share of Total Farm Income
 Exhibit BRA-133 Guaranteed Loan Subs idy and Administrative Cost Chart
 Exhibit BRA-134 Brazil’s Questions to th e United States Concerning the support to
upland cotton decided in MY 1992
 Exhibit BRA-135 Agricultural Assistance Act of 2003, in P.L. 108-7
 Exhibit BRA-136 P.L. 106-113
 Exhibit BRA-137 P.L. 106-224
 Exhibit BRA-138 P.L. 107-25
 Exhibit BRA-139 68 Federal Register 20331, 20331-20332
 Exhibit BRA-140 Pindyck, Robert S. and Rubinfeld, Daniel L., Microeconomics, 5
Edition (2002), Prentice hall, New Jersey.
 Exhibit BRA-141 7 U.S.C. 5622
 Exhibit BRA-142 Agricultural Outlook, USDA, May 2002
 Exhibit BRA-143 Agricultural Statistics 2003, USDA
 Exhibit BRA-144 G/AG/R/31

 Exhibit BRA-145 US and State Farm Income Data, (United States and States 1997-
2001), USDA
 Exhibit BRA-146 Acreage, NASS, 28 June 2002
 Exhibit BRA-147 Estimate of Support Gran ted by Commodity via Counter-Cyclical
Payments. Agricultural Prices
 Exhibit BRA-148 Statement of Administrative Action
 Exhibit BRA-149 Agricultural Outlook, USDA, August 2002
 Exhibit BRA-150 G/AG/N/USA/10
 Exhibit BRA-151 “US Export Credit Guarantee Programs: What Every Importer Should
Know About the GSM-102 and GSM-103 Programs”, USDA,
November 1996.
 Exhibit BRA-152 GAO, Statement of Allan I. Mendelowitz, Director, Trade, Energy and
Finance Issues, National security and International Affairs Division,
before the Task Force on Urgent Fiscal Issues of the Committee on
Budget of the US House of Representatives, “Status Report on GAO’s
Reviews of the Targeted Export Assistance Program, the Export
Enhancement Program, and the GSM 102/103 Export Credit
Guarantee Programs,” GAO/T-NSIAD-90-53, 28 June 1990.
 Exhibit BRA-153 US Department of Agricultu re Office of Inspector General Financial
and IT Operations Audit Report of the Commodity Credit
Corporation’s Financial Statements for Fiscal Year 2000, Audit Report
N° 06401-14-FM, June 2001
 Exhibit BRA-154 US Department of Agricu lture Office of Inspector General Great
Plains Region Audit Report of the Commodity Credit Corporation’s
Financial Statements for Fiscal Ye ar 2001, Audit Report N° 06401-4-
KC, February 2002.
 Exhibit BRA-155 US Department of Agricultu re Foreign Agricultural Service, “Notice
to GSM – 102 and GSM – 103 Program Participants”,
24 September 2002
 Exhibit BRA-156 US Export-Import Bank, “Comparison of Major Features of Programs
Offered by Ex-Im Bank and Commodity Credit Corporation for
Support of Bulk Agricultural Commodities”
 Exhibit BRA-157 US General Accounting Office, Report to the Chairman, Task Force
on Urgent Fiscal Issues, Committee on the Budget, House of
Representatives, “International Trad e: Iraq’s Participation in US
Agricultural Export Programs”, GAO/NSIAD-91-76, November 1990
 Exhibit BRA-158 US Department of Agricultu re, Office of Inspector General, Financial
and IT Operations Audit Report, “Commodity Credit Corporation’s
Financial Statement for Fiscal Year 2002”, Audit Report N° 06401-15-
FM, December 2002

 Exhibit BRA-159 US General Accounting O ffice, Report to Congressional Requesters,
“Loan Guarantees: Export Credit Guarantees Programs’ Costs are
High”, GAO/GGD-93-45, December 1992
 Exhibit BRA-160 US Department of Agricultu re, Office of the Chief Financial Officer,
Credit, Travel, and Accounting Di vision, “Agriculture Financial
Standards Manual (May 2003)
 Exhibit BRA-161 US Federal Accounting Sta ndards Advisory Board, Federal Financial
Accounting and Auditing Technical Release 3, “Preparing and Auditing
Direct Loan and Loan Guarantee Subsidies under the Federal Credit
Reform Act”, 31 July 1999.
 Exhibit BRA-162 Government – Wide Audited Financial Statements Task Force on Credit
Reform, “Issue Paper, Mode l Credit Program Methods and
Documentation for Estimating Subsidy Rates and the Model
Information Store”, 96-CR-7, 1 May 1996
 Exhibit BRA-163 Office of Management a nd Budget Annual Training, Introduction to
Federal Credit Budgeting, 24 June 2002
 Exhibit BRA-164 US Department of Agricultu re, Foreign Agricultural Service, “Revised
FY 2001 and FY 2002 Annual Performance Plan”.
 Exhibit BRA-165 US Department of Agricultu re, Foreign Agricultural Service, “Revised
FY 2000 and FY 2001 Annual Performance Plan”.
 Exhibit BRA-166 US Department of Agricu lture Foreign Agricultural Service, News
Releases regarding extension of GSM 102 and GSM 103 guarantees to
Dominican Republic, Morocco, Ghana, South Korea, Vietnam and
Algeria
 Exhibit BRA-167 12 Steps to Participating in the USDA Supplier Credit Guarantee
Program, Step 5.
 Exhibit BRA-168 US Department of Agricu lture Foreign Agricultural Service, News
Releases regarding extension of SCGP guarantees to Tunisia,
Azerbaijan, Vietnam, South Korea, Japan and Nigeria
 Exhibit BRA-169 Market Revenue and US G overnment Payments to US Upland Cotton
Producers
 Exhibit BRA-170 PFC, MLA, DP and CCP Pa yments per Base Acre of Covered Crops
 Exhibit BRA-171 “Counter-Cyclical Paym ents under the 2002 Farm Bill,” NCC,
August 2003
 Exhibit BRA-172 Rice Outlook, USDA, 13 August 2003, Table 1
 Exhibit BRA-173 Revised Estimate of Support Granted by Commodity via
Countercyclical Payments.

 Exhibit BRA-174 “Income Protection – Cott on Crop Provisions,” USDA Federal Crop
Insurance Corporation, 2000-321
 Exhibit BRA-175 “Cotton Crop Provisions,” USDA Federal Crop Insurance Corporation,
99-021
 Exhibit BRA-176 “Course Grain Crop Provi sions,” USDA Federal Crop Insurance
Corporation, 98-041
 Exhibit BRA-177 “ERS Briefing Room: Farm Income and Costs: Farm Income Forecasts”
 Exhibit BRA-178 “Facts About Texas and Agri culture,” Texas Cooperative Extension,
The Texas A&M University System
 Exhibit BRA-179 JunJie Wu, “Crop Insuran ce, Acreage Decisions, and Nonpoint-Source
Pollution,” American Journal of Agricultural Economics 81, May 1999
 Exhibit BRA-180 Keith J. Collins and Joseph W. Glauber “Will Policy Changes Usher in
a New Era of Increased Agricultural Market Variability?,” Second
Quarter 1998.
 Exhibit BRA-181 US General Accounting Office, Report to the Ranking Minority
Member, Committee on Agriculture, Nutrition and Forestry, US Senate,
Former Soviet Union: Creditworth iness of Successor States and US
Export Credit Guarantees, GAO/GGD-95-60 (February 1995)
 Exhibit BRA-182 2004 US Budget, Federal Credit Supplement, Table 8
 Exhibit BRA-183 US Budget for FY 1992
 Exhibit BRA-184 US Budget for FY 1993
 Exhibit BRA-185 Congressional Budget Office Staff Memorandum, An Explanation of
the Budgetary Changes Under Credit Reform, April 1991
 Exhibit BRA-186 Congressional Research Service Issue Brief for Congress, Agriculture
and the Budget, IB95031, (16 February 1996)
 Exhibit BRA-187 O.A. Cleveland Newsletter, 25 April 2003; O.A. Cleveland Newsletter,
8 August 2003
 Exhibit BRA-188 Testimony of James Echols, Chairman of the National Cotton Council
before the Committee on Agriculture, Nutrition and Forestry of the US
Senate, 17 July 2001
 Exhibit BRA-189 Cotton and Wool Outlook, USDA, 13 August 2003
 Exhibit BRA-190 Affidavit of Marcelo Pinheiro Franco
 Exhibit BRA-191 G/AG/AGST/USA

 Exhibit BRA-192 Reestimated Guaranteed Lo an Subsidy based on Original Budget Year
Estimate.
 Exhibit BRA-193 Net Lifetime Reestimates of Guaranteed Loan Subsidy by Cohort.
 Exhibit BRA-194 US Department of Agricultur e Office of Inspector General Great Plains
Region Audit Report, Commodity Credit Corporation’s Financial
Statements for Fiscal Year 2001, Audit Report N° 06401-4-KC,
February 2002
 Exhibit BRA-195 US Department of Agricultu re Office of Inspector General Financial
and IT Operations Audit Repor t, Audit Report N° 06401-14-FM,
Commodity Credit Corporation’s Financial Statements for Fiscal Year
2000, June 2001
 Exhibit BRA-196 US Department of Agricultu re Office of Inspector General Financial
and IT Operations Audit Report, US Department of Agriculture
Consolidated Financial Statements for Fiscal Year 1999, Report N°
50401-35-FM, February 2000
 Exhibit BRA-197 http://www.nedcor.c o.uk/forfait-website/forfaiting.htm
 Exhibit BRA-198 Vincent Whittaker, “The Quick Buck, International Finance and
Forfaiting,” 23 Thomas Jefferson Law Review (Spring 2001)
 Exhibit BRA-199 Trade and Forfaiting Review, “Argentina Trade Finance to the Rescue”
Volume 6, Issue 9 July/August 2003
 Exhibit BRA-200 Congressional Record 107 Congress
 Exhibit BRA-201 Newspaper Articles on the Impact of Cotton Subsidies to African
Countries
 Exhibit BRA-202 Agricultural Outlook Tables, USDA, August 2003
 Exhibit BRA-203 “US and World Agricultural Outlook,” FAPRI, January 2003
 Exhibit BRA-204 “USDA’s Cotton Classification Overview”
 Exhibit BRA-205 Cost and Revenues of US Upland Cotton Producers
 Exhibit BRA-206 Data on Article 6.3(d) Claim
 Exhibit BRA-207 Cotton Lint: International Prices & Brazilian Prices
 Exhibit BRA-208 “Cotton: World Statistics,” ICAC, September 2003
 Exhibit BRA-209 Yearly A-Index Prices
 Exhibit BRA-210 “Production and Trade Policies Affecting the Cotton Industry,” ICAC,
July 2002.

 Exhibit BRA-211 “The Current State of th e Farm Economy and the Economic Impact of
Federal Policy on Agriculture,” Hearing before the House of
Representatives Committee on Agriculture, 14 February 2001.
 Exhibit BRA-212 “United States Dumping on Agricultural Markets,” Institute for
Agriculture and Trade Policy
 Exhibit BRA-213 “The Impact of Exchange Rates on the US Cotton Industry,” National
Cotton Council, 10 September 2001.
 Exhibit BRA-214 “Exchange Rate Indexe s & US Ag. Trade,” USDA Agricultural
Outlook, January-February 2001.
 Exhibit BRA-215 Cotton Outlook, 29 August 2003
 Exhibit BRA-216 US Exports of Cotton, USDA, 5 September 2003
 Exhibit BRA-217 Brazilian Exports in Calendar Year 2002
 Exhibit BRA-218 “Cotton’s Three Step Comp etitiveness Plan,” National Cotton Council,
10 September 2001
 Exhibit BRA-219 Cotton Outlook, 4 June 1999
 Exhibit BRA-220 Cotton Outlook, (26 January 2001, 8 March 2002, 21 February 2003)
 Exhibit BRA-221 Calcot Cotton Capsules, 26 April 2002
 Exhibit BRA-222 “Analysis of the US Commodity Loan Program with Marketing Loan
Provisions,” USDA, AER 801
 Exhibit BRA-223 “The US Commodity Loan Program,” Paul C. Westcott, Economic
Research Service, USDA/ A.L. (Roy) Frederick (University of
Nebraska)
 Exhibit BRA-224 “Factors Affecting the US Farm Price of Upland Cotton,” USDA,
Cotton and Wool Situation Outlook, Special Edition, November 1998
 Exhibit BRA-225 Statement of Bruce Gardner before the US House of Representatives
Committee on Agriculture, 14 February 2001
 Exhibit BRA-226 Price Effect of the US Marketing Loan Program (Gardner)
 Exhibit BRA-227 “The House and Senate Fa rm Bills: A Comparative Study,” Food and
Agriculture Policy Research Institute, March 2002
 Exhibit BRA-228 FAPRI Analysis of St ricter Payment Limitations, FAPRI, 17
June 2003; FAPRI Analysis of Stri cter Payment Limitations, FAPRI,
24 June 2003
 Exhibit BRA-229 “Agricultural Insurance Pr ograms: Challenges and Lessons Learned,”
Jerry R. Skees, May 2000

 Exhibit BRA-230 “Weekly Step 2 Certificates Values,” National Cotton Council,
29 August 2003
 Exhibit BRA-231 “Elimination of Cotton’s Step 2 Threshold,” National Cotton Council,
10 September 2001
 Exhibit BRA-232 Summary of Export Credit Guarantee Program Activity, FY 2003,
GSM 102 Summary, 1 August 2003
 Exhibit BRA-233 “Production and Trade Policies Affecting the Cotton Industry,” ICAC,
September 2001
 Exhibit BRA-234 “Rethinking US Agricultural Policy: Changing Course to Secure
Farmer Livelihoods Worldwide,” Daryll E. Ray, Daniel G. De La
Torre Ugarte, Kelly J. Tiller, Agricultural Policy Analysis Center, The
University of Tennessee
 Exhibit BRA-235 “What is the Impact of Removing Agricultural Support,” IMF World
Economic Outlook 2002,” Chapter II
 Exhibit BRA-236 “Market Access for Devel oping Country Exports – Selected Issues,”
IMF and the World Bank, 26 September 2002
 Exhibit BRA-237 “Rich Countries Should Show the Way to Trade: World Bank Urges
Action to Further Open Markets to Developing Countries,” World
Bank, press release 2003/094/S, 27 September 2002.
 Exhibit BRA-238 “Trade Distortions and Co tton Markets: Implications for Australian
Cotton Producers,” Cotton Research and Development Corporation,
April 2001
 Exhibit BRA-239 Brazilian Cotton Import Tariff
 Exhibit BRA-240 International, US and Brazilian Prices
 Exhibit BRA-241 Brazilian and NY Futures Prices
 Exhibit BRA-242 A and B-Index Quotes from Major Producers
 Exhibit BRA-243 Brazilian Export Prices
 Exhibit BRA-244 “Impact of Global Cotton Markets on Rural Poverty in Benin,”
Nicholas Minot and Lisa Daniels, 25 April 2003
 Exhibit BRA-245 World Agricultural Supply and Demand Statistics, USDA, 12 August
2003
 Exhibit BRA-246 International Agreement on Olive Oil and Table Olives,” Official
Journal of the European Communities L214 of 4 August 1987
 Exhibit BRA-247 International Commodity Agreements
 Exhibit BRA-248 International Sugar Agreement of 1977
 Exhibit BRA-249 Share of the World Exports Market

 Exhibit BRA-250 Total Cost and Return in Various Countries
 Exhibit BRA-251 Market Reports
 Exhibit BRA-252 “Counter-Cyclical Paym ents under the 2002 Farm Bill,” National
Cotton Council, September 2003
 Exhibit BRA-253 Cotton and Wool Outlook USDA, 9 February 2001
 Exhibit BRA-254 Monthly US Spot Market Prices
 Exhibit BRA-255 “Farm Commodity Programs: A Short Primer,” Congressional
Research Service
 Exhibit BRA-256 “Agriculture Policy an d Farm Bill Briefing Book,” Congressional
Research Service
 Exhibit BRA-257 “Cost of Farm Production Up in 2003,” USDA, 6 May 2003
 Exhibit BRA-258 “Loan Deficiency Payments and Price Support Cumulative Activity As
of 8/27/2003,” USDA, 1 September2003.
 Exhibit BRA-259 Newspaper Articles
 Exhibit BRA-260 “2002 US Farm Bill: An Australian Perspective on Its Impact,”
ABARE, Australian Commodities, Vol.9 N°2, June 2002
 Exhibit BRA-261 “Lower US Cotton Consum ption May Undermine Cotton Subsidies,”
2002 Ag Perspectives, John Baize, 23 January 2003.
 Exhibit BRA-262 “The Future of Brazil’s Agricultural Sector,” USDA, Agricultural
Outlook, May 1998
 Exhibit BRA-263 “Argentina & Brazil Sh arpen Their Competitive Edge,” USDA,
Agricultural Outlook, September 2001
 Exhibit BRA-264 “Prejudice Caused by Industrialized Countries Subsidies to Cotton
Sectors in Western and Central Africa,” Louis Goreux
 Exhibit BRA-265 “Cotton Sector Strategies in West and Central Africa,” World Bank
Policy Research Working Paper 2867, July 2002.
 Exhibit BRA-266 TN/AG/GEN/4
 Exhibit BRA-267 TN/AG/GEN/6
 Exhibit BRA-268 WT/GC/W/511
 Exhibit BRA-269 “Gross Domestic Product by Industry for 1999-2001,” Robert J.
McCahill and Brian C. Moyer; November 2002

 Exhibit BRA-270 Statement to Commission on the Application of Payment Limits to
Agriculture, Mark Lange, National Cotton Council, 17 June 2003
 Exhibit BRA-271 Analysis of the Market Valu e of Livestock in Adjusted Gross Revenue
Insurance Pilot States and Counties.
 Exhibit BRA-272 Fact Sheet: Adjusted Gr oss Revenue, Risk Management Agency,
USDA, February 2003
 Exhibit BRA-273 Data on US Price vs Planted Acreage
 Exhibit BRA-274 Data on World Price, Production & Consumption
 Exhibit BRA-275 “US Cotton Supply Response under the 2002 Farm Act,” Paul
Westcott and Leslie Meyer, USDA, 21 February 2003
 Exhibit BRA-276 Report of the Commission on the Application of Payment Limitations
for Agriculture, August 2003.
 Exhibit BRA-277 World Market Share Documents
 Exhibit BRA-278 O.A. Cleveland’s Newsletter, 26 September 2003
 Exhibit BRA-279 Statement by Professor Daniel Sumner
 Exhibit BRA-280 “Brief Review of Empirical Assessments of Production Impacts of US
Upland Cotton Subsidies” by Professor Daniel Sumner.
 Exhibit BRA-281 Statement by Andrew Macdonald
 Exhibit BRA-282 “About the Liverpool Cotton Association,” The Liverpool Cotton
Association Ltd.
 Exhibit BRA-283 Statement by Christopher Ward
 Exhibit BRA-284 “Production and Trade Policies Affecting the Cotton Industry,” ICAC,
September 2003
 Exhibit BRA-285 “Agriculture Fact Book 2001-2002,” Chapter 3 – American Farms.
 Exhibit BRA-286 Direct and Counter-Cyc lical Program Contract, Form CCC-509,
USDA, Commodity Credit Corporation
 Exhibit BRA-287 Market Revenue and US G overnment Payments to US Upland Cotton
Producers.
 Exhibit BRA-288 “NASS to Update Acre age If Necessary,” National Agricultural
Statistics Service, USDA, 29 September 2003.
 Exhibit BRA-289 7 CFR 1412.606; 7 CFR 718.102, 2003 Edition
 Exhibit BRA-290 “Farmers Must File Ac reage to Receive 2002 Payments,” Kansan
Online Ag Briefs; AFBIS Inc. Crop Watch, June 2003

 Exhibit BRA-291 “Direct and Counter-Cyc lical Payment Program,” Farm Service
Agency, USDA, April 2003.
 Exhibit BRA-292 7 CFR 718.102, 2002 Edition
 Exhibit BRA-293 Data for Acreage Chart
 Exhibit BRA-294 “The World Fact Book – Benin,” CIA.
 Exhibit BRA-295 2004 US Budget, Federal Cr edit Supplement, Introduction and Table 2
 Exhibit BRA-296 “USDA Announces $2.8 Billion in Export Credit Guarantees,” FAS
Press Release, 30 September 2003
 Exhibit BRA-297 7 U.S.C § 5641(b)(1); 7 U.S.C. § 5622(a), (b)
 Exhibit BRA-298 “USDA Amends Commodi ty Eligibility under Credit Guarantee
Programs,” FAS Press Release, 24 September 2002.
 Exhibit BRA-299 “Summary of FY 2003 Export Credit Guarantee Program Activity,”
USDA, Covering GSM-102, GSM 103 and SCGP
 Exhibit BRA-300 Calculation on US Rice Exports Benefiting from GSM-102, GSM-103
and SCGP.
 Exhibit BRA-301 Additional Results from Professor Sumner’s Model.
 Exhibit BRA-302 Revised and Extended Data on Article 6.3(d) Claim.
 Exhibit BRA-303 John C. Beghin and Ho lger Matthey. “Modelling World Peanut
Product Markets: A Tool for Agricultural Trade Policy Analysis.”
Center for Agricultural and Rural Development (CARD), May 2003.
 Exhibit BRA-304 John C. Beghin, Barbara El Osta, Jay R. Cherlow, and Samarendu
Mohanty. “The Cost of the US Sugar Program Revisited,” Center for
Agricultural and Rural Development (CARD), March 2001.
 Exhibit BRA-305 Larry Salathe, J. Michael Pr ice and David Banker. “An Analysis of the
Farmer Owned Reserve Program 1977-82. American Journal of
Agricultural Economics, February 1984.
 Exhibit BRA-306 “Supply Response under the 1996 Farm Act and Implications for the
US Field Crops Sector,” Lin et al., USDA, July 2000.
 Exhibit BRA-307 Change in US and World Exports in Percent.
 Exhibit BRA-308 “Decoupled Payments: House hold Income Transfers in Contemporary
US Agriculture,” ERS, Agriculture Economic Report N° 822.
 Exhibit BRA-309 Barnard C., Nehring, R., Ryan, J., Collender, R. “Higher Cropland
Values from Farm Program Payments: Who Gains?” Economic
Research Service. USDA, Agricultural Outlook November 2001.

 Exhibit BRA-310 “The Incidence of Govern ment Payments on Agricultural Land Rents:
The Challenges of Identification,” Roberts, Kirwan and Hopkins,
August 2003, American Journal of Agricultural Economics.
 Exhibit BRA-311 Side by Side Chart of the Weekly US Adjusted World Price, the A-
Index, the nearby New York Futu res Price, the Average US Spot
Market Price and Prices Received by US Producers from January 1996
to the present.
 Exhibit BRA-312 Cotton Outlook Reports date d 7 June 2002, 27 September 2002 and 4
October 2002.
 Exhibit BRA-313
 Analysis of Counterfactual Retrospective Scenarios and Prospective
Scenarios of Elimination of Upla nd Cotton Subsidies in the United
States using an elaboration of the FAPRI/CARD Modeling Framework
 Exhibit BRA-314 Summary of Equations in the FAPRI/CARD Modeling System as
Used for the Analysis of US Cotton Subsidies
 Exhibit BRA-315 Documentation for the CARD International Cotton Model.
 Exhibit BRA-316 Statement of Christopher Campbell- Environmental Working Group.
 Exhibit BRA-317 EWG Database: Tables of Results
 Exhibit BRA-318 Discussions Held With FSA Contacts in County and State Offices.
 Exhibit BRA-319 FSA-578 Manual: Report of Acreage
 Exhibit BRA-320 CCC-478 Production Flexibility Contract. USDA, Commodity Credit
Corporation.
 Exhibit BRA-321 “Veneman Reminds Farmers to Complete DCP Sign-Up by June 2.”
Office of Communications News Room 460-A. USDA, 29 May 2003
 Exhibit BRA-322 “Kansas City Administra tive Office.” Farm Service Agency, USDA.
 Exhibit BRA-323 Costs and Returns of US Upland Cotton Farmers MY 1997-2002
 Exhibit BRA-324 NCC Chairman’s Report by Kenneth B. Hood, 24 July 2002
 Exhibit BRA-325 Results of Professor Sumner’s Modified Model Based on the January
2003 FAPRI Baseline
 Exhibit BRA-326 Results of Professor Sumner’s Modified Model
 Exhibit BRA-327 Cotton Marketing Weekly, O.A. Cleveland, 7 November 2003
 Exhibit BRA-328 Cotton and Wool Outlook, USDA, 14 October 2003
 Exhibit BRA-329 Cotton and Wool Situation and Outlook Yearbook, Table 16, USDA,
November 2002.
 Exhibit BRA-330 Agricultural Exchange Rate Data Set, ERS, USDA

 Exhibit BRA-331 “Description of Methodology Comparing the Analysis of US Upland
Cotton Subsidies Under the January 2003 Baseline to Analysis under the
November 2002 FAPRI Baseline,” Daniel A. Sumner, November 2003.
 Exhibit BRA-332 Newspaper Articles on the Step 2 Program
 Exhibit BRA-333 Cotton: World Markets and Trade, USDA, October 2003
 Exhibit BRA-334 “Additionality of Credit Guarantees for US Wheat Exports,” M. Diersen et
al., Agricultural Economics Report N° 377-S, July 1997
 Exhibit BRA-335 Canada, Gross Dome stic Product by Industry 1997-2001
 Exhibit BRA-336 Section 523(b)(10), Federal Crop Insurance Act.
 Exhibit BRA-337 “Crop Year Statistics,” Fede ral Crop Insurance Corporation, As of 11
November 2003.
 Exhibit BRA-338 “Adjusted Gross Revenue-Lite (AGR-Lite),” A Risk Management Agency
Fact Sheet, USDA, February 2003.
 Exhibit BRA-339 “Livestock Gross Margin In surance Policy Questions and Answers,” 03-
LGM-Question and Answers, RMA/USDA
 Exhibit BRA-340 “USDA Announces First Par tial 2003-Crop Counter-Cyclical Payments,”
USDA Press Release, 17 October 2003
 Exhibit BRA-341 “Riceland’s Bell Urges Ma ximum Rice CCP,” De lta Farm Press,
16 September 2003.
 Exhibit BRA-342 Statement of Professor Daniel Sumner – 2 December 2003
 Exhibit BRA-343 Response to US Statements about Access to Background Information about
my US Cotton Policy Simulation Results
 Exhibit BRA-344 Discussion of the US Critique of Third Party Studies of the Economic
Effects of US Cotton Subsidies
 Exhibit BRA-345 Response to Further US Criticis ms of the Annex I Model of the Effect of
US Cotton Subsidies
 Exhibit BRA-346 Email Exchange between Prof essor Bruce Babcock and Dr. Joseph Glauber,
26 November 2003
 Exhibit BRA-347 Brazilia n Exports, MY 1999-2002
 Exhibit BRA-348 BICO Export Commodity Aggr egations (Quantities), USDA, FSA dated 27
November 2003
 Exhibit BRA-349 Comparison of US and Brazilian Exports, MY 1999-2002
 Exhibit BRA-350 Weekly Step 2 Certificate Values, National Cotton Council, 28 November
2003

 Exhibit BRA-351 BICO Export Commodity A ggregations (Values), USDA, FSA dated 21
November 2003
 Exhibit BRA-352 Value of US. Upland Cotton Exports under GSM 102 by Country and Year
 Exhibit BRA-353 Cumulative Loss from Upland Cotton Production MY 1997-2002 Without
US Contract Payments
 Exhibit BRA-354 “Brazilian Soybeans – Ca n Iowa Farmers Compete?” Iowa State
University, December 2000
 Exhibit BRA-355 US Acreage Response to Futures Prices at Planting Time
 Exhibit BRA-356 January – March Quotes of the December Futures Contract, Expected and
Actual AWP and Cash Price
 Exhibit BRA-357 Expected and Actual Adju sted World Price and Corresponding December
Futures Price
 Exhibit BRA-358 Expected Adjusted World Price and Marketing Loan Payments
 Exhibit BRA-359 30 October and 25 November Cotton Futures Quotes
 Exhibit BRA-360 Adjusted World Price v Nearby Futures Price (1996-present)
 Exhibit BRA-361 Cotton Pricing Guide, July 2001
 Exhibit BRA-362 Suspension of Anti-Dumping Du ty Investigation: Cold-Rolled Flat Rolled
Carbon-Quality Steel Products from the Russian Federation, Department of
Commerce, 4 February 2000
 Exhibit BRA-363 Global Steel Trade, Chapter 7: Avoiding Future Crises, Department of
Commerce
 Exhibit BRA-364 2003 US Budget, Federal Credit Supplement, Table 8
 Exhibit BRA-365 2002 US Budget, Federal Credit Supplement, Table 8
 Exhibit BRA-366 7 U.S.C. § 5622
 Exhibit BRA-367 Section 3203 of the 2002 FSRI Act
 Exhibit BRA-368 Second Statement of Chri stopher Campbell – Environmental Working
Group, 1 December 2003
 Exhibit BRA-369 Brazil’s Request to the United States for Farm – Specific Planting and Base
Acreage Data, 3 December 2003
 Exhibit BRA-370 The Difference between th e Average World Price and the Nearby
December Futures Contract Price
 Exhibit BRA-371 Simple Example of the Calcula tions of Marketing Lon Benefits (Probability
Distribution)
 Exhibit BRA-372 Negotiating History of Artic les 6.3(c) and 6.5 of the SCM Agreement

 Exhibit BRA-373 Loan Deficiency Payment and Price Support Activity as of 12/3/2003
 Exhibit BRA-374 “Crop Year Statistics MY 2002” – Federal Crop Insurance Corporation
 Exhibit BRA-375 Information Provided by Gerald Estur, ICAC.
 Exhibit BRA-376 “About FAPRI,” Center for Agricultural and Rural Development, Iowa
State University
 Exhibit BRA-377 “About FAPRI,” Food and Agri cultural Policy Research Institute at the
University of Missouri.
 Exhibit BRA-378 “About FAPRI,” Food and Agricultural Policy Research Institute.
 Exhibit BRA-379 CARD Report, 40 Anniversary Commemorative Issue
 Exhibit BRA-380 “Food and Agriculture Policy Research Institute Receives USDA’s Highest
Honor,” CARD Press Release, 9 July 2002.
 Exhibit BRA-381 Jeffrey D. McDonald and Daniel A. Sumner. “The Influence of Commodity
Programs on Acreage Responses to Market Price: With and Illustration
concerning Rice Policy in the United States.” American Journal of
Agricultural Economics, (85) 4 November 2003.
 Exhibit BRA-382 Cotton and Wool Outlook, USDA, 12 December 2003.
 Exhibit BRA-383 Brazil and US Export Data on Export Quantities and Values by Country
 Exhibit BRA-384 Import Prices from Various Countries
 Exhibit BRA-385 Domestic Prices from Various Countries
 Exhibit BRA-386 Brazil and US Export Prices by Country
 Exhibit BRA-387 Brazil Export Prices v A-Index Prices by Country
 Exhibit BRA-388 US Export Prices v A-Index Prices by Country
 Exhibit BRA-389 Brazilian Domestic Price Data
 Exhibit BRA-390 “Glickman Proposes Cottonseed Payment Program,” USDA News Release,
29 February 2000.
 Exhibit BRA-391 Cost of Ginning and Valu e of Cottonseed per pound of Cotton Lint
 Exhibit BRA-392 “William Duvanant Says: Overproduction Thwarts Cotton price Upturn,”
Western Farm Press.
 Exhibit BRA-393 Futures Prices as of 19 December 2003

 Exhibit BRA-394 Agricultural Outlook Tables, USDA, November 2003, Table 19
 Exhibit BRA-395 “Trade Issues Facing the US Cotton Industry,” Speech by Dr. Mark Lange,
President and CEO, National Cotton Council, 6 January 2004.
 Exhibit BRA-396 “Farm Groups Shocked at UC Economist’s Testimony in WTO Dispute,”
Western Farm Press, 2 September 2003.
 Exhibit BRA-397 “Report of the Commission on the Application of Payment Limitations for
Agriculture,” August 2003.
 Exhibit BRA-398 Western Farm Press, 7 January 2003
 Exhibit BRA-399 Acreage Discrepancies.xls
 Exhibit BRA-400 List of Publicati ons of Professors Babcock and Beghin
 Exhibit BRA-401 Second Declaration of Andrew Macdonald, 27 January 2004.
 Exhibit BRA-402 “Genetically Engineered Cotton Suffering from Production Problems,”
Organic Consumers Organization, 11 January 2002.
 Exhibit BRA-403 “NCC will Intensify Emphasis for Quality, Yield Answers,” Western Farm
Press, 3 March 2001.
 Exhibit BRA-404 “Benefits - BT Cotton,” Monsanto Imagine.
 Exhibit BRA-405 “Sample Costs to Produce Cott on Transgenic Herbicide- Resistant Acala
Variety,” San Joaquin Valley, Univ ersity of California Cooperative
Extension, 2003.
 Exhibit BRA-406 “Cotton Cost-Return B udget in Southwest Kansas,” Kansas State
University Agricultural Experiment Station and Cooperative Extensive
Service, October 2003.
 Exhibit BRA-407 Documents on Cost of Production Insurance Plan for Cotton.
 Exhibit BRA-408 Export – Import Bank of the United States, Standard Repayment Terms.
 Exhibit BRA-409 Ex-Im Bank Fee Schedule.
 Exhibit BRA-410 Export Insurance Services.
 Exhibit BRA-411 “The Federal Scoop: US G overnment Financing for Service Exports,”
Export America, May 2003.
 Exhibit BRA-412 Cotton and Wool Situation Outlook and Outlook Yearbook, USDA,
November 2003, Table 16.
 Exhibit BRA-413 “Agricultural Cash Rents,” USDA, NASS, July 1999.
 Exhibit BRA-414 “Agricultural Land Values and Cash Rents,” USDA, NASS, August 2003.
 Exhibit BRA-415 “Agricultural Land Values,” USDA, NASS, April 1999.

 Exhibit BRA-416 “What is a Farm Bill?,” Congressional Research Service, Report for
Congress, 5 May 2001.
 Exhibit BRA-417 “Commodity Program Entitlements: Deficiency Payments,” USDA, May
1993.
 Exhibit BRA-418 Washington Post v. United States Department of Agriculture, 943 F. Supp.
31 (D.D.C. 1996).
 Exhibit BRA-419 Allocation Calculations B ased on Brazil’s Methodology and US Summary
Data.
 Exhibit BRA-420 Agricultural Outlook Tables, November 2003, Table 17.
 Exhibit BRA-421 ERS Briefing Room: Farm In come and Costs: US Farm Sector Cash
Receipts from Sales of Agricultural Commodities, USDA.
 Exhibit BRA-422 Fruits and Tree Nuts Yearbook, USDA, October 2003, Table A-2.
 Exhibit BRA-423 Vegetables and Melons Yearbook, USDA, July 2003, Table 3.
 Exhibit BRA-424 Allocation Calculations B ased on US Methodology and US Summary Data.
 Exhibit BRA-425 Dresser Industries v United States, 596 F.2d 1231 (5
th Cir. 1979)
 Exhibit BRA-426 Center for Auto Safety v Na tional Highway Traffic Safety Administration,
244 F.3d 144 (DC Cir 2001)
 Exhibit BRA-427 CNA Financial Corporatio n v Donovan, 830 F.2d 1132 (DC Cir 1987)
 Exhibit BRA-428 United States Department of Justice at al. v Reporters Committee for the
Freedom of the Press et al., 489 US 749 (1989)
 Exhibit BRA-429 Metadure Croporation v United States, 490 F. Supp. 1368 (S.D.N.Y. 1990)
 Exhibit BRA-430 Campaign for Family Farms v Glickman, 200 F.3d 1180 (8 th Cir. 2000)
 Exhibit BRA-431 Comparison of US and Brazil's Cash-Basis Accounting Methodologies for
Purposes of the Item (j) Analysis
 Exhibit BRA-432 Congressional Budget Office, Fact Sheet, row titled “Export Credit
Guarantee Program, Subsidy Account”
 Exhibit BRA-433 ‘Calculations Acreage Based Methodologies.xls’ provided in electronic
format
 Exhibit BRA-434 ‘Calculations Value Based Methodologies.xls’ provided in electronic
format

ANNEX O-2

LIST OF EXHIBITS OF THE UNITED STATES

US-1 2002 Farm Security and Rural Investment Act, Public Law 107-171, 116 Stat. 134
(13 May 2002) (Title I)

US-2 57 Federal Register 14,326 (20 April 1992)

US-3 7 C.F.R. Part 1413 (1 January 1993)

US-4 7 C.F.R. 1413.6 (1991 ed.)

US-5 7 U.S.C. § 1444-2 (1992 supp.)

US-6 7 C.F.R. Part 1493 (2003) (excerpts)

US-7 Organization for Economic Co-operation and Development, The Chairman’s Revised
Proposal for a Sector Understanding on Export Credits for Agricultural Products ,
TD/CONSENSUS(2000)25/REV4 (9 July 2002)

US-8 Cairns Group, Negotiating Proposal on Export Competition, JOB(02)/186
(20 November 2002)

US-9 Negotiations on Agriculture: First Draft of Modalities for the Further Commitments ,
TN/AG/W/1/Rev.1 (18 March 2003)

US-10 MERCOSUR et al. , Export Credits for Agricultural Products, G/AG/NG/W/139,
G/AG/W/50 (21 March 2001)

US-11 2 U.S.C. §§ 661 et seq. (2003)

US-12 Examples of export credit guarantee program announcements issued pursuant to
applicable program regulations (7 C.F.R. §§ 1493.10(d), 1493.400(d))

US-13 Schedule XX – United States of America, Part IV, Section II: Export subsidy
reduction commitments

US-14 2002 Crop Cottonseed Regulations, 68 Federal Register 20,331 (25 April 2003)

US-15 Regulations to disburse the 2000 crop cottonseed payment, 65 Federal Register
65,718 (2 November 2000)

US-16 1999 Crop Cottonseed Program Regulations, 65 Federal Register 36,563
(8 June 2000)

US-17 US Department of Agriculture, Upland Cotton Fact Sheet (September 1992)

US-18 USDA budget data (MY1999 & MY2000 marketing loan payments)
(www.fsa.usda.gov/dam/BUD/estimatesbook.htm

US-19 Marketing Year 2002 Loan Deficiency Payment and Price Support Cumulative
Activity As of 3/12/2003

US-20 Schedule of current fees paid by an e xporter participating in either the GSM-102 or
GSM-103 program

US-21 Recently updated program documents for the Step 2 program

US-22 The Agricultural Market Transition Act, Title I of the Federal Agriculture
Improvement Act of 1996, Public Law No. 104-127 (4 April 1996)

US-23 The Production Effects of Decoupled Pa yments, by Dr. Joseph W. Glauber, Deputy
Chief Economist, US Department of Agriculture

US-24 Calculating the Per-Unit Rate of Suppor t, by Dr. Joseph W. Glauber, Deputy Chief
Economist, US Department of Agriculture (22 August 2003)

US-25 MTN.GNG/NG5/W/170 (11 July 1990)

US-26 MTN.GNG/AG/W/1 (24 June 1991)

US-27 MTN.GNG/AG/W/1/Add.1 to Add.11 (2 August 1991)

US-28 Uruguay Round Agriculture Negotiations, Discussion Paper, Draft Text on
Agriculture (12 December 1991)

US-29 Agriculture text of the Draft Final Act, MTN.TNC/W/FA (20 December 1991)

US-30 Articles 1 - 3 and the Illustrative List of Export Subsidies within the Draft SCM
Agreement of the Draft Final Act, MTN.TNC/W/FA

US-31 Budget Summary GSM-102, 103 and Supplier Credit; Subsidy Estimates and
Reestimates by Fiscal Year; Fiscal Years 1992 through 2004

US-32 United States Department of Agricultu re, Advice of Allotment, Allotment Numbers
01-CCC-47; 02-CCC-28; 02-CCC-27; 03-CCC-26

US-33 Status of Reschedulings for CCC Export Credit Guarantee Program activity for fiscal
years 1992-2002

US-34 World Trade (December 1998)

US-35 “Financial Know-How Pays Off, ” Journal of Commerce (14 June 1995)

US-36 Financial Times (27 January 1994)

US-37 Latin Finance, 1 June 1999, “Braz il Bounces Back,” pg. S16; Trade Finance,
1 October 2002. “Forfaiters Seek Eastern Promise,” No. 8, vol. 5, pg. SS7

US-38 US Department of Agriculture, Fiscal Year Actual Budgetary Expenditures by Crop
Year (http://www.fsa.usda.gov/dam/BUD/bud1.htm)

US-39 US Department of Agriculture, Compliance Report for 1992 Acreage Reduction
Program

US-40 US Department of Agriculture, Unde rstanding Factors Driving World Cotton Markets
is Crucial for Explaining What Affected World Cotton Prices and US Production and
Exports between 1995-2002 (2003)

US-41 Foreign Agricultural Service, US Depa rtment of Agriculture, Export Credits Sales
Registration Data

US-42 OMB Circular No. A-11, sections 20. 5(a); 20.5(f), pages 20-19, 20-22 (July 2003)

US-43 OMB Circular No. A-11, Part 4, In structions on Budget Execution, Section 120.1,
page 120-2 (July 2003)

US-44 Marketing loan rate and A-Inde x prices, MY 1996-2002 (graph and data)

US-45 Harvest season futures prices at plan ting and US loan rate, MY1996-2002 (graph and
data)

US-46 Low US Northern Europe quote a nd A-Index, 1999-2003 (graph and data)

US-47 US world market share, MY1995-2003 (graph and data)

US-48 Muth, J.F. “Rational Expectations and the Theory of Price Movements,”
Econometrica 29(1961): 315-335.

US-49 Gardner, B.L. “Futures Prices in Supply Analysis,” American Journal of Agricultural
Economics 58(1976):81-84.

US-50 Chavas, J.P., R.D. Pope, and R.S. Kao. “An Analysis of the Role of Futures Prices,
Cash Prices and Government Programs in Acreage Response,” Western Journal of
Agricultural Economics 8(1983): 27-33.

US-51 Morzuch, B.J., R.D. Weaver, and P.G. Helmberger. “Wheat Acreage Supply
Response Under Changing Farm Programs,” American Journal of Agricultural
Economics 62(1980):29-37.

US-52 Food and Agricultural Policy Research Institute. “FAPRI 2003 US Baseline Briefing
Book.” FAPRI-UMC Technical Data Report 04-03 (March 2003).

US-53 USDA, ERS, Decoupled Payments: Household Income Transfers in Contemporary
US Agriculture, M.E. Burfisher and J. Hopkins, Eds. USDA ERS AER Number 822
(February 2003).

US-54 Anderson, C.G. “Consider ‘Hedging’ Strategies to Enhance Income Beyond Farm
Program Payments.” Texas A&M University, Extension Economics, October 2002.

US-55 Anderson, J.D., K. Coble, and C. Mille r. “Protecting the Counter-Cyclical Payment
on Cotton.” Agricultural Economic and Policy Perspectives, Vol. 1, No. 6
(November 2002), Mississippi State University, Department of Agricultural
Economics, pp. 3-4.

US-56 Sumner, D.A. “Implications of the US Farm Bill of 2002 for Agricultural Trade
Negotiations,” Australian Journal of Agricultural and Resource Economics 47(2003):
99-123, at 114.

US-57 Young, C.E., M.. Vandeveer, and R. Schne pf. “Production and Price Impacts of US
Crop Insurance Programs,” American J ournal of Agricultural Economics 83(2001):
1196-1203.

US-58 Smith, V. and B. Goodwin. “Cr op Insurance, Moral Hazard and Agricultural
Chemical Use,” American Journal of Agricultural Economics 78(1996):428-38.

US-59 Babcock, B. and D. Hennessy. “Input Demand Under Yield and Revenue Insurance,”
American Journal of Agricultural Economics 78(1996):416-27.

US-60 Goodwin, B. and V. Smith. “An Ex Post Evaluation of the Conservation Reserve,
Federal Crop Insurance, and other Governme nt Programs: Program Participation and
Soil Erosion,” Journal of Agriculture and Resource Economics 28(2003):201-216.

US-61 Food and Agricultural Policy Research In stitute, Step 2 Analysis Presented to US
Senate Committee on Agriculture, Nutrition and Forestry (1999).

US-62 Tokarick, S. “Measuring the Impact of Distortions in Agricultural Trade in Partial
and General Equilibrium,” IMF Working Paper, WP/03/110 (May 2003).

US-63 MY1996-2002 Upland Cotton Harvested Area, US and Rest of World (percent
change from previous marketing year).

US-64 Lin, W., et al.. Supply Response Unde r the 1996 Farm Act and Implications for the
US Field Crops Sector. US Department of Agriculture, Economic Research Service,
Technical Bulletin No. 1888, Appendix table 21

US-65 Amount and percentage of upland cotton acreage coverage by crop insurance policy

US-66 Premiums paid by upland cotton producers

US-67 Insurance indemnity payments to upland cotton producers

US-68 New York Cotton Futures, Averag e Daily Closing Prices for December 2003
Contract (chart and data)

US-69 US Department of Agriculture, Econ omic Research Service, Cost of Production
Estimates; Commodity-Weighted Exchange Rate Estimates

US-70 US and Rest of World Exports of Up land Cotton, Year-Over-Year Percent Change,
1996-2002

US-71 US Exports and Domestic C onsumption of Upland Cotton, 1996-2002

US-72 US Department of Agriculture, Press Release on Adjusted World Price
(18 October 2003)

US-73 Weekly Price Movements: Adjusted World Price, Liverpool A-Index, New York
cotton futures, spot market price, January 1996 to present

US-74 National Agricultural Statistics Servic e, Planted Acreage of Selected Crops by
Region and State

US-75 Chart and Table of US and Brazilian Unit Value Prices to Various Third-Country
Markets

US-76 Dr. Joseph W. Glauber, US Departme nt of Agriculture, Estimating Cotton Price
Volatility

US-77 Hennessy, D. “The Production Eff ects of Agricultural Income Support Policies
Under Uncertainty.” American Journal of Agricultural Economics 80(1998):46-57.

US-78 Burfisher, M. and J. Hopkins. “Farm Payments: Decoupled Payments Increase
Households’ Well-Being, Not Production.” Amber Waves, Vol. 1, Issue 1
(February 2003): 38-45.

US-79 Ryan, J., C. Barnard, and R. Colle nder. “Government Payments to Farmers
Contribute to Rising Land Values.” Agricultural Outlook, June-July 2001:22-26.

US-80 Barnard, C., R. Nehring, R. Ryan, and R. Collender. “Higher Cropland Value from
Farm Program Payments: Who Gains?” Agricultural Outlook, November 2001:26-30.

US-81 US Department of Agriculture, Nati onal Agricultural Statistics Service: Acreage
(June 1999)

US-82 Westcott, P.C. and C. E. Young. “U S Farm Program Benefits: Links to Planting
Decisions and Agricultural Markets,” Agricultural Outlook, AGO-275, October
2000:10-14.

US-83 Young, C.E. and P.C. Westcott. “How Decoupled is US Agricultural Support for
Major Crops?” American Journal of Agricultural Economics 82 (2000):762-767.

US-84 McBride, W. “Production Costs Critical to Farming Decisions.” Amber Waves, Vol.
1, Issue 4 (September 2003):38-45.

US-85 Cornejo-Fernandez, Jorge and William D. McBride. “Adoption of Bioengineered
Crops.” Economic Research Service, US Department of Agriculture. AER-810.
May 2002.

US-86 US Department of Agriculture, Nati onal Agricultural Statistics Service: Acreage
(June 2003):1-3, 18, 25.

US-87 Price, G., W. Lin, J.B. Falck-Zepeda, and J. Fernandez-Cornejo. “Size and
Distribution of Market Benefits from Adop ting Biotech Crops.” US Department of
Agriculture, Economic Research Service. Technical Bulletin No. 1906, November
2003.

US-88 International Cotton Advisory Comm ittee, “Cost of Production of Raw Cotton,”
M. Raffiq Chaudhry. Presented at the III Brazilian Cotton Congress, Brazil,
31 August 2001.

US-89 US Department of Agriculture, Nationa l Agricultural Statistics Service, “Usual
Planting Dates and Harvesting Dates for US Field Crops.” Agricultural Handbook
Number 628. December 1997:1-2, 7-8.

US-90 US Department of Agriculture, Ag ricultural Marketing Service: Cotton Price
Statistics (October 2003):18 (table 13)

US-91 Detailed Critique of Third-Party Economic Studies

US-92 Year-to-date MY2003 A-index prices, daily

US-93 US Department of Agriculture, uno fficial marketing year 2002 marketing loan
payments for soybeans corn, and wheat

US-94 US Department of Agriculture, Farm Services Agency, summary of marketing year
2002 enrolled direct and counter-cyclical payment base acres, upland cotton farms

US-95 Comparison of MY2002 enrolled direct and counter-cyclical payment base acres for
upland cotton to NASS upland cotton planted acres

US-96 Total US upland cotton planted acreage, MY2001-2003, by state

US-97 US MY2002 upland cotton exports to Argentina, Bolivia, and Paraguay

US-98 E-mail communication from S. Tokarick, International Monetary Fund

US-99 Preparatory Committee for the World Trade Organization, Notification Requirements
and Formats Under the WTO Agreement on Agriculture , PC/IPL/12, circulated
2 December 1994

US-100 US Notification, G/AG/N/USA/47, circulated 6 June 2003

US-101 [This exhibit number was not used.]

US-102 Excerpts from Exhibit BRA-369

US-103 US Freedom of Information Act

US-104 US Department of Agriculture, Decision under FOIA (11 April 2002)

US-105 7 C.F.R. § 1.14

US- 106 US Department of Agriculture, Fa rm Services Agency, FOIA Handbook (excerpts)

US-107 5 U.S.C. § 552a(b)

US-108 Excerpt of BRA-316

US-109 Description of electronic file “Pfcby.txt.”

US-110 Description of electronic file “Pfcplac.txt.”

US-111 Description of electronic file “Dcpby.txt”

US-112 Description of electronic file “Dcpplac.txt”

US-113 Graphical representation of scope and disclosure of Brazil’s modeling system

US-114 Letter from Dr. Bruce Babcock (10 December 2003)

US-115 Electronic version of spreadsheets referenced in US Comments Concerning Brazil’s
Econometric Model

US-116 Electronic version of spreadsheet referenced in US Comments Concerning Brazil’s
Econometric Model

US-117 7 CFR §§ 1427.13 and 1427.19 (2000 ed.)

US-118 7 CFR §§ 1427.13 and 1427.19 (2003 ed.)

US-119 USDA Office of the Chief Economist, World Agricultural Supply and Demand
Estimates (11 December 2003)

US-120 USDA, Economic Research Service, Fibers Yearbook, Appendix Table 2, Upland
Cotton Supply and Use

US-121 US General Accounting Office. Agriculture in Transition: Farmers’ Use of Risk
Management Strategies. GAO/RCED-99-90. April 1999.

US-122 Total open interest for all cotton futu res contracts on the New York Board of Trade
for 18 December 2003

US-123 Total open interest for all cotton options contracts on the New York Board of Trade
for 18 December 2003

US-124 Daily December Futures Closing Prices ($/lb) (New York Board of Trade)

US-125 Statement of Federa l Financial Accounting Standards No. 18: Amendments To
Accounting Standards for Direct Loans and Loan Guarantees In Statement of Federal
Financial Accounting Standards No. 2, A ppendix B: Schedule B, entitled “Schedule
for Reconciling Loan Guarantee Liability Balances.”

US-126 Calculations of “additional marketing loan facilitated revenue” realized per pound of
cotton, MY 1998-2003 (partial year)

US-127 Statement of Federal Financial Acc ounting Standards No. 2: Accounting for Direct
Loans and Loan Guarantees, issued 23 August 1993, pp. 187-267

US-128 Chart of data from 1992 to 2003 (as of 30 November 2003) for GSM 102, 103 and
SCGP with respect to: (i) cumulative outsta nding guarantees; (ii) claims paid; (iii)
recoveries made; (iv) revenue from premiu ms; (v) other current revenue, including
interest earned; (vi) interest charges paid; and (vii) administrative costs of running the
programmes

US-129 Commodity Credit Corporation Consolidated Statement of Net Cost (Note 13) for the
Fiscal Year Ended 30 September 2002

US-130 Statement of Federal Financial Ac counting Concepts and Standards (May 2002),
Appendix E, pages 1140-1141

US-131 Inae Riveras, Brazil’s Mato Grosso to triple winter cotton area (Reuters 2004-01-20)

US-132 Chart, US Crops Cotton su pply and utilization, and Baseline

US-133 O.A. Cleveland, Cotton Market Weekly, 1/16/04

US-134 Charts of US and Brazilian Export Unit Values to 7 Destinations

US-135 Production, Yield, Trade, and Stocks Data, MY99-02

US-136 USDA/FAS US trade data, MY99-03

US-137 World Trade Atlas official Brazilian trade data, MY99-03

US-138 Statement of the United States at th e Dispute Settlement Body (9 January 2004) on
adoption of the reports in United States – Sunset Review of Anti-Dumping Duties on
Corrosion-Resistant Carbon Steel Flat Products for Japan

US-139 USDA Weekly Cotton Market Review 1/9/04

US-140 USDA Weekly Cotton Market Review 1/23/04

US-141 Charts of Chinese (Domestic, Import, Export) Prices vs. A-Index

US-142 NY Board of Trade, NY Cotton Exchange, 27 January 2004 futures data

US-143 Memorandum from Larry Mitchell, US DA Farm Services Agency, to Various FSA
Offices, Administrators, and Divisions on Release of Restricted Information under
the Freedom of Information Act (18 September 1998)

US-144 USDA Farm Services Agency, Notice INFO-16: Releasing Lists of Names and
Addresses in Response to Requests Under FOIA (1 December 1998)

US-145 Contents of four corrected data files submitted on 28 January 2004

US-146 USDA, Commodity Credit Corporation, 58 Federal Register 15755-15756
(24 March 1993).

US-147 Data in response to Panel Question 264(a): Exhibit US-128 on a Fiscal Year/ Cash
Basis

US-148 Data in response to Panel Qu estion 264(d): Claim Payments/ Recoveries/
Reschedulings on a Fiscal Year/ Cash Basis

US-149 United States Department of the Treasury Financial Manual I TFM 2-4600
(December 2003)

US-150 “Annual Review of Fees for USDA Credit Programs,”25 March 2003 and 8 April
2002.