American Farm Families Expected to Lose Half their Farm Income this Year

USDA forecasts that when all is said and done, American farmers will have a combined farm income that is less than half of what it was just two years ago. This alone is staggering. But it may well mark just the beginning of a depressed farm economy the effects of which may very well adversely impact the entire sector and cascade across other sectors of our economy.

U.S. Reforms Farm Policy while Foreign Competitors Ramp Up Trade-Distorting Subsidies

The critics of U.S. farm policy should feast their eyes on a new study that puts into perspective what America’s farmers are up against on the global market. While the U.S. made sweeping reforms and cuts to farm policy in the 2014 Farm Bill, its competitors were busy ramping up trade-distorting subsidies for their own producers. For some countries, support price levels for certain commodities have increased by more than 100 percent over the last decade, according to the report.

The nations in question include Brazil, China, India, Turkey, and Thailand – all member countries of the World Trade Organization (WTO). The report, which was sponsored by U.S. commodity organizations including the USA Rice Federation and is an update of a 2011 study, explains that “these countries are major producers, consumers, and in many cases, exporters of agricultural products, the effects of [their] policies are felt globally.”

ICYMI: Crop Insurance Takes the Spotlight in Two Diverse Regions of the Country

Last week, newspapers in two different and diverse regions of the country featured editorials on the importance of crop insurance, which highlights how it has become the risk management of choice for farmers nationwide. Steve Baccus, a family farmer from Kansas and the former president of the Kansas Farm Bureau, wrote in the Wichita Eagle that…

Our View: American Agriculture Remains a Driving Force Behind America’s Success

“The farm – best home of the family, main source of national wealth, foundation of civilized society, the natural providence.”

One will find these wise words inscribed on the façade of Union Station in Washington, D.C. The historic site was built around the turn of the century when the nation was experiencing progress of every kind. There was industrial capacity, oil production, telecommunications, a major transportation system in the form of railroads, and most importantly, there was agriculture. The U.S. had established itself as a major agricultural producer on the world stage not only because of newly invented tools like mechanical reapers that improved crop harvests, but also because of westward expansion, which increased the diversity of American agricultural production.

Today, more than a hundred years later, that quote still captures the essence of American agriculture and its importance to the progress and success of our country. American agriculture remains diverse; it remains a source of national wealth and the pride of American families.

Crop Insurance’s Future Depends on Private-Sector Delivery

Matthew King, a farmer from central Ohio, recently took to the editorial pages of the Columbus Dispatch to defend America’s current farm policy. And he gave some real-world perspective on the skin-in-the-game farmers have in today’s system.   “In 2013, our farming operation’s crop-insurance premium totaled more than my wife’s annual salary as a local…

Two New Videos Take Aim at Global Sugar Subsidies

During its recent annual convention, the American Sugar Alliance unveiled two educational videos to illustrate the ever-increasing rates of foreign sugar subsidization that are destroying the free market.   The first video described the stagnant, low-price environment in North America and steps taken by the U.S. sugar industry to increase its efficiency to survive, including…

Farm Policy Facts Calls On Lawmakers to Reject Additional Harmful Amendments to Farm Bill

In addition to the list of harmful amendments FPF circulated earlier today, additional attempts to damage the Farm Bill have surfaced. Farm Policy Facts urges members of Congress to oppose any amendment during the appropriations process that would harm the Agricultural Act of 2014 (Farm Bill) or crop insurance, including: Royce Amendment to Shift USDA…

Farm Policy Facts Urges Lawmakers to Reject Harmful Amendments to Farm Bill

Farm Policy Facts urges members of Congress to oppose any amendment during the appropriations process that would harm the Agricultural Act of 2014 (Farm Bill) or crop insurance, including: The Kind Amendment to Disclose Private Farmer Information The Kind Amendment would strip out ALL privacy protections for farmers and ranchers participating in crop insurance, resulting…

America’s Farmers and Ranchers Call On Congress To Do No Harm To Farm Bill

More than 30 agriculture groups are calling on Congress to oppose any amendment to the Agriculture Appropriations bill that would undo the careful compromises of the bipartisan 2014 Farm Bill, including the important risk management tools provided through the federal crop insurance program. The Farm Bill was enacted into law only four months ago and…