On the recordDecember 19, 2024
today's farmers across the country are facing significant financial losses for most commodities planted during the 2024 crop-year. It is a dire situation. Basically, they are in trouble. I have been saying this for a while now: For the sake of American food security, national security, and rural prosperity, Congress must pass economic assistance for our farmers before the end of this year. That is why I am asking Congress to pass a stand-alone economic assistance package for our farmers, no strings attached. This isn't for the lobbyists, special interests, or liberal pet projects; it would go directly to the people who feed, clothe, and fuel the United States of America and the world. It is for the American farmers who are desperate. They are in desperate need of help to survive. This economic assistance certainly won't help farmers make a profit. They have no chance. It won't even help them break even. Right now, many farmers won't be able to secure financing and renew their operating loans to keep their farms running for another year. Again, they are in trouble. This funding would only help farmers cover part of the 2023 and 2024 losses for American producers. For crops grown in my State of Alabama specifically, the expected losses this year are over $200 per acre. Cotton producers are in worse shape, with losses of approximately $373 per acre. Peanut farmers' losses are next, at almost $198 per acre.…
Source
govinfo.gov




