NCGA Optimistic on Farm Bill Outlook (4-17-08)

As the expiration of the 2002 Farm Bill nears and a short-term extension is considered on Capitol Hill, the National Corn Growers Association (NCGA) remains optimistic that a new bill is near completion, and stressed the importance of a viable, optional revenue countercyclical program in the new farm bill.

NCGA President Ron Litterer stressed the importance of a program that better protects producers against changing market conditions and the increasing risks from shortfalls in production not covered by crop insurance polices.

“We continue to call for a revenue-based safety net option that does no harm to current farm support programs,” Litterer said. “We hope the short-term extension will help lawmakers finalize a bill that works for farmers and consumers alike.”

According to NCGA, a viable revenue counter cyclical program option is imperative given the new market realities and challenges farmers face – such as low yields from drought, floods and other adverse weather conditions. Litterer indicated that escalating fertilizer, seed, chemicals, and land costs have significantly increased risks for farmers.