I would like to include their report in the Record, but I just wanted to quote one section here, which indicates that net farm income is projected to fall by over $7 billion this year, and the level of a $500 million disaster allocation will not begin to address this shortfall. They are asking Congress to focus on immediate remedies to redress producers, and given the magnitude of the agricultural economic problem, emergency supplemental funding of several billion dollars is justified. I think in view of the Farm Bureau's position over past years, this is quite a significant statement, and we appreciate their hard work in helping us resolve this situation for our producers across the country.
Marcy Kaptur: “I would like to include their report in the Record, but I just wanted to quote one section here, which indicates that…”
Editor's note · Context
Addressing the economic challenges facing rural America and the need for emergency funding for farmers.
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