National Corn Growers Association President Lynn Chrisp today made the following statement after Congressional approval of the 2018 Farm Bill, the Agriculture Improvement Act of 2018 (H.R. 2). The legislation passed the Senate 87-13 Tuesday and the House 369-47 today. It now goes to President Trump to be signed into law.
“The certainty of a new farm bill is very welcome news for farmers as they begin to look toward the new year. NCGA is pleased to see a return to the bipartisanship that has been a hallmark of past farm bills and we look forward to the President quickly signing the bill into law.
“To put it bluntly, the farm economy stinks. Between depressed commodity prices, record low farm incomes and tariffs and trade uncertainty, farmers are facing difficult decisions. Getting the farm bill passed, and signed into law, is one less thing they need to worry about.
“NCGA is most pleased to see the bill maintains support for a robust crop insurance program, our organization’s top priority, and strengthens the ARC-CO program through administrative improvements including a one-time program change option, an increase to the plug yield for disaster years, the use of a trend-adjusted yield factor, and a market adjustment provision for the floor price.
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