ISA Supports Senate Farm Bill Passage, Urges House Action as Soon as Possible
The Illinois Soybean Association (ISA) supports the U.S. Senate's passage of the 2012 Farm Bill today, and urges the U.S. House of Representatives to similarly take quick action on the legislation. ISA has encouraged lawmakers to pass a bill that helps soybean farmers manage risk from weather, crop pests and volatile commodity markets.
"ISA has asked our Illinois lawmakers to help make the farm program safety net more effective and efficient for soybean farmers, and we are pleased the Senate has passed their version of the long-awaited five-year bill," says Matt Hughes, soybean farmer from Shirley, Ill., and ISA chairman. "The Senate considered a total of 73 amendments to this legislation, and we applaud the Senate for moving forward with the farm bill in a timely manner."
The $500 billion farm bill would end direct payments and other subsidies to farmers, while expanding crop insurance. The legislation was approved with a rare bipartisan vote, with 64 Senators in favor. The measure cuts federal spending by about $23 billion over 10 years.
"The Senate bill would make major changes to U.S. farm policy. The bill ends direct payments to farmers," says Hughes. "The House Agriculture Committee is expected to begin its markup of the farm bill after the July 4 recess. ISA will continue to monitor actions until a final bill is passed."
The Illinois Soybean Association (ISA) is the statewide organization for Illinois soybean growers. The farmers on its board administer soybean checkoff funds to support research, promotions, and educational programs designed to increase demand for Illinois soybeans and administer legislation and membership programs. For more information, visit: www.ilsoy.org.