What is in this article?:
- Soybean growers announce farm bill proposal
- Supports risk management program
The "Risk Management for America’s Farmers" program, or "RMAF," would partially protect revenue losses by farmers of soybeans and other program commodities that result from low prices or reduced yields for their crops.
Supports risk management program
"ASA supports a risk management program that partially offsets shallow revenue losses at the farm level not covered by crop insurance," said ASA Farm Bill Task Force Chairman Rob Joslin, a soybean farmer from Sidney, Ohio.
"Farmers told ASA they want a program that operates off a farm-level revenue loss trigger rather than a state, Crop Reporting District, or even county loss trigger. Farmers told us the use of a state-level revenue loss trigger in the current Average Crop Revenue Election (ACRE) program was one of the problems they saw in that program that resulted in low participation rates. I want to thank the members of ASA’s Farm Bill Task Force, who were from all soybean growing regions, for their work in listening to their fellow producers and for crafting this risk management proposal," concluded Joslin.
According to Kemper, "Preliminary indications are that RMAF could cost significantly less than the existing ACRE, the Supplemental Revenue Assistance Payments Program, Direct Payment, and Counter-Cyclical programs, resulting in savings that can be used to meet part of agriculture’s share of deficit reduction required by the Budget Control Act."
Kemper added that "while ASA strongly supports federal support for on-farm conservation practices, given the cost of these programs, we believe they need to be included in helping to meet agriculture’s share of deficit reduction. Thus, for that for that portion of spending cuts that does not come from other farm bill titles, ASA is suggesting spending reductions should come equally from commodity and conservation programs.
"ASA supports efforts to address our Nation’s debt through a comprehensive and balanced approach to deficit reduction that includes cuts to all areas of Federal spending," said Kemper.
"Farmers are willing to do their fair share to contribute to these efforts, but cuts to agricultural spending should not be disproportionate."
The ASA President concluded his remarks by emphasizing that "federal crop insurance is the core of agriculture’s safety net, and has already contributed to deficit reduction. ASA will strongly oppose any proposal to further reduce crop insurance funding."
ASA represents all U.S. soybean farmers on domestic and international issues of importance to the soybean industry. ASA’s advocacy efforts are made possible through the voluntary membership in ASA by over 21,000 farmers in 31 states where soybeans are grown.