On the recordDecember 11, 2024
Madam President, every single State in the United States suffered market losses this crop-year. The Office of Management and Budget recently submitted a disaster supplemental request to Congress asking for $21 billion in ad hoc support for producers impacted by natural disasters in 2023 and in 2024, and I certainly support that because many producers across the country deserve it. However, OMB's request failed to mention anything pertaining to market losses. How can we ignore $31 billion in market losses this year alone and expect to keep U.S. agriculture afloat? We shouldn't, and we can't. Farmers need market loss assistance, too. We need an additional $15 billion for market losses. The House and Senate Agriculture Committees have been working on a proposal that would cover market losses on top of natural disaster losses. It is estimated to cost about $15 billion. Congress should support that, whether through supplemental appropriations or a farm bill extension, in addition to what has been proposed for natural disasters. Producers should be eligible for both. State farm bureaus from all 50 States have sent letters to Congress asking for both market and disaster assistance--both, not one or the other.…
Source
govinfo.gov




