Drawing attention to the worsening economic conditions impacting the nation’s food growers, over 300 national and state groups, including the American Bankers Association, Oregon Dairy Farmers Association, the U.S. Canola Association, Idaho Barley Commission, and others,  sent a letter to congressional leaders about the need for a new farm bill. Signatories stressed the significant need for a new bill before the end of 2024.

 

“It’s critical that Congress pass a new farm bill that strengthens the safety net as many producers are facing multiple years of not being profitable, and this is causing their overall financial situation to deteriorate,” the letter said. “Some will have challenges as they seek operating credit for the 2025 crop year.”

 

"Since the 2018 Farm Bill was signed into law, we have realized considerable gaps in the farm safety net due to sharply changing conditions, including the trade war with China, the Russian invasion of Ukraine, COVID-19 and related supply chain challenges, rising foreign subsidies, tariffs, non-tariff trade barriers and other harmful practices," the letter continued.  "These conditions seriously tested the effectiveness of the 2018 Farm Bill, and it was only by the aggressive use of supplemental assistance that many farms survived."

 

As the Farm Bill delays continued, producers across the country have faced headwinds ranging from extreme weather to high input costs and uncertain global demand to supply chain disruptions. Farmers and their allies say these challenges exposed areas of the farm bill that need to be strengthened.

 

Click Here to read the entire letter.

 

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