The bipartisan farm bill approved today by the Senate (S.3240) provides farmers improved risk management tools consistent with Farm Bureau’s core principles. While no farm bill is perfect, this is a solid bill that was worthy of Senate approval. The bill includes important reforms and is fiscally responsible, while including important provisions to enhance crop insurance, maintain a viable marketing loan program and minimize the potential for farm program provisions to drive producer decisions.
“There is still a lot of hard work ahead to fully secure the kind of policy we believe our farm and ranch families need, but we applaud the Senate for approving a workable bill and moving this process forward. The Senate has provided us solid footing by approving a bill that stands firm on $23 billion in savings, yet protects and strengthens the federal crop insurance program and provides a commodity title that attempts to encourage producers to follow market signals rather than make planting decisions in anticipation of government payments.
“Now our attention turns to the House Agriculture Committee, which will begin its farm bill legislative activity in July. It remains critical for farmers to know what their new farm bill will be as they begin thinking about and looking toward next year’s cropping decisions. Farm Bureau remains committed to ensuring farmers have the tools they need to manage risks and minimizing the limitations imposed on farmers regardless of the size or type of their operations. And we are convinced that having a new farm bill in place this year is overwhelmingly in the best interest of our members.”