US farmers had alleged traders were attempting to corner the onion market, which led to the act being passed.
U.S. farmers, producers of corn and soybean oil, also support the bill.
But he says the US farmer will tend to set the price level in world grain markets and those will remain low.
Competition from highly subsidised US farmers also poses a large threat to this industry and the families involved in it.
"We are offering real cuts to U.S. farmers in exchange for market access," he said.
In the 1940s, U.S. farmers lost only 7% of their crops to pests.
The full guarantee was supposed to help U.S. farmers, not foreign shippers.
Of this total, the largest share (59%) went to U.S. farmers.
I am also working to level the playing field for U.S. farmers by ensuring that all nations play by the rules.
"U.S. farmers are just as subsidized as we are and they want everything."