2018 Market Outlook MeetingsDate: Jan 10 - 25, 2018
Hear from industry professionals at one of our upcoming grain market outlook meetings. 14 meetings will be held to better serve our member-owners.
A leading voice for U.S. agriculture sounded positive that a new farm bill that retains safety net provisions for lean times will be approved by early 2018.
And, it will come without the drama that plagued the last round of negotiations.
The pledge came today from U.S. House Ag Chairman Mike Conaway (R-Texas.) during general session remarks to soybean, corn, sorghum and wheat farmers attending Commodity Classic in San Antonio, Texas.
“I’m driven to get the farm bill done on time for the good of farmers, consumers and the country,” he said.
“If you want the drama of delays, short-term extensions or going back to the old law, then I’d suggest you go to another theatre or meeting hall,” Conaway added. “We’re going to get this thing done and on time. We have to so we can bring certainty to the industry for farmers and bankers and lenders so they can plan and get about the business of farming and growing food.”
The seven-term congressman urged farmers, bankers and lenders to add their voice to ensure the legislation works for agriculture.
“I’m deputizing everyone in this room to get out there and make a case for the farm bill” he told the more than 5,000 farmers and ranchers gathered for today’s general session. “The American public gets a deal when they go to the grocery store so everyone has a vested interest in the work of the farm bill and that we get it done in a timely fashion.
“Consumers must know the world’s most abundant, affordable and safe food supply is a direct result of a strong farm bill. I’m calling on every person gathered here to talk to consumers and convince them that they need to support a farm bill that’s strong and approved on time.”
Conaway assured Classic attendees that the new president and his administration shares the sentiment.
“He understands the importance of agriculture and wants to get a strong farm bill done and done on time,” he said. “We have a strong advocate in the White House. And he’ll be an advocate for the farm bill as negotiations hit full stride this spring and summer.”
Food assistance provisions, Conaway said, would also be done in concert with the farm bill.
“We’re going to get both the SNAP program and farm bill done at the same time,” he pledged. “If it’s easier to get them done together or separately, we will. But they will get done at the same time. We’re going to make this process work.
Conaway said a return of direct payments doesn’t have Congressional support and will not be part of the 2018 bill.
But a safety net will.
“People were misguided the last go-around that, with the backdrop of strong commodity prices, a safety net wasn’t needed,” he Conaway said. “But we have a different backdrop now. We won’t have as much arguing to do because most people know that times are difficult in farm country and that safety provisions are needed to help weather the ag economic downturns that are always sure to happen.”
Conaway dismissed concerns that key players involved in the construction of the farm bill will tilt its provisions in favor of southern interests, including cotton.
“I’m the ag chairman for everyone,” said the west Texas native and former Chairman of the House Ethics Committee. “I commit to you that I will try to be even handed to get this done and be fair to everyone – listening to everyone and taking their concerns and input seriously.
“There’s going to be a lot of family arm wrestling going on between competing commodities and geographical regions,” he added. “But once we get that done and agree to the things we need to agree to, we’re going to have to put our collective shoulders together to get it across the finish line.”
While entitlement and food assistance proponents will likely be vocal during farm bill negotiations, so too should be every person who eats, Conaway urged.
“The American public gets a deal when they go to the grocery store so everyone has a vested interest in the work of the farm bill and that we get it done in a timely fashion. They must know the world’s most abundant, affordable and safe food supply is a direct result to the strength of the farm bill. I’m going to deputize every person in here to convince consumers that they need to support the farm bill.
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