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Corn Growers Thank Senate for Farm Bill Passage

 

Feb. 7 - The National Corn Growers Association thanked members of the Senate for their passage today, with a 68-32 vote, of the 2014 farm bill. The bill passed the House on January 29 and now goes to President Obama for signing.

“We’re happy to see the farm bill pass the Senate and are looking forward to seeing it signed and implemented,” said NCGA President Martin Barbre. “It was a long time coming for a bill so important for promoting stability in farm policy while saving taxpayers money and feeding the hungry. While it’s not perfect, we’re pleased to see the bill contains many provisions we’ve been working hard for over the years.”

Barbre in particular pointed out that the new legislation provides the farmers the option to participate in either the revenue-based Agriculture Risk Coverage program (with county or farm-level options) or a Price Loss Coverage program with fixed reference prices.  The ARC will provide a band of coverage for 76 to 86 percent of the benchmark revenue.


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