WASHINGTON – U.S. Senator John Boozman (R-AR), ranking member of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, secured significant economic assistance for America’s farmers struggling to maintain operations due to rising inflation, high input costs, and low commodity prices in the continuing resolution Congress is expected to vote on in the coming days.
“Farmers, agricultural lenders, and rural community leaders clearly communicated the need for emergency assistance to survive current market conditions. The consequences of ignoring the stark realities facing rural America would be devastating to farm families, American agriculture, and our nation’s food security. An updated Farm Bill with an improved safety net would have minimized the need for emergency economic assistance. Unfortunately, the Senate failed to even consider a new Farm Bill this year. We must redouble our efforts and pass a bipartisan five-year Farm Bill. I look forward to working with House Agriculture Committee Chairman GT Thompson to accomplish this shared goal,” Boozman said.
The package provides $10 billion in economic assistance for the agriculture community to help manage the crisis resulting from depressed market conditions.
The many voices of American producers across the country were instrumental in providing this meaningful economic assistance that will ensure these hardworking men and women can continue to feed, clothe, and fuel our country and the world.
Boozman led calls for federal economic assistance to support American producers and the agriculture industry’s long-term outlook.