In response to a proposed $3 billion cut in crop insurance support as part of a larger budget deal, the American Soybean Association issued a strong defense of the nation’s farm program and called on Congress to oppose any reopening of the farm bill. ASA President Wade Cowan, a soybean farmer from Brownfield, Texas, noted that agriculture remains the only industry segment that has come forward and voluntarily accepted spending reductions, and urged lawmakers to seek cuts elsewhere.
“ASA absolutely opposes any effort by Congress to reopen any part of the farm bill as part of budget negotiations, and we implore lawmakers to reject any attempt to target crop insurance or any other farm bill programs for further cuts. Speaking frankly, our farm economy is simply not in the shape it was even three years ago when we began the process of writing the farm bill. Crop values are down almost 50 percent, and our farmers face volatile weather ranging from flooding in the Carolinas to drought in Texas and fires in California.… Continue readingRead More »