Corn Growers do not mention ARC in statement
March 15, 2013 | 02:39 PM
In a statement issued today, the National Corn Growers Association said its farm bill priorities are a five-year bill, protection of crop insurance, and a market-oriented risk-management program, but it did not mention the Agricultural Risk Coverage program that it championed in last year’s farm bill.
ARC would protect farmers from the “shallow losses” not covered by crop insurance, but a recent Congressional Budget Office estimate of the Senate-passed farm bill showed that it would not save as much money as last year.
“NCGA is carefully evaluating potential modifications to previous revenue-based risk management concepts that will fit within the tighter budget constraints,” the group said.
The American Soybean Association last week issued a policy statement also calling for a five-year bill and protection of crop insurance and extension of the Counter-Cyclical Program with updated target prices. The soybean growers emphasized that payments under that program should be decoupled from current production.
ARC would protect farmers from the “shallow losses” not covered by crop insurance, but a recent Congressional Budget Office estimate of the Senate-passed farm bill showed that it would not save as much money as last year.
“NCGA is carefully evaluating potential modifications to previous revenue-based risk management concepts that will fit within the tighter budget constraints,” the group said.
The American Soybean Association last week issued a policy statement also calling for a five-year bill and protection of crop insurance and extension of the Counter-Cyclical Program with updated target prices. The soybean growers emphasized that payments under that program should be decoupled from current production.
