(Posted Fri. Mar 30th, 2012)
Mar. 30: As Congress prepared to depart Washington for a two-week recess, Sens. Kent Conrad (D-N.D.), Max Baucus (D-Mont.) and John Hoeven (R-N.D.) introduced a new farm bill proposal, the Revenue Loss Assistance and Crop Insurance Enhancement Act of 2012. The legislation would include a farm-level revenue-based program, a narrower band of coverage and a reduced percentage of planted acres eligible for payments.
“The National Corn Growers Association has advocated for a revenue-based risk management tool at the crop reporting district that provides assistance only when it is needed,” NCGA Public Policy Action Team Chair Anthony Bush said. “The NCGA Corn Board voted in December to support the Aggregate Risk and Revenue Management legislation as introduced by Senators Brown, Thune, Durbin and Lugar.”
The new legislation comes two weeks after the Senate Ag Committee’s final farm bill hearing. The House Ag Committee will continue field hearings over the next month. NCGA strongly urges Congress to write and pass a new farm bill this year.