Congressional Passage of Farm Bill Welcomed by Iowa Soybean Farmers

Courtesy of Iowa Soybean Association President, Lindsay Greiner, who grows soybeans near Keota. 

Iowa soybean farmers congratulate members of the House and Senate Agriculture Committees and the Farm Bill Conference Committee for passing a new farm bill. We also recognize Iowa Sen. Joni Ernst for her leadership on the conference committee in helping craft this important legislation.  We urge President Trump to sign it expeditiously.

The legislation will provide much-needed risk management tools for farmers so they remain competitive amidst a distressed agricultural economy.

It also comes at a crucial time for farmers who are facing a prolonged period of poor market conditions, extreme weather and an ongoing trade dispute. Simply put, its signing by the president will provide some added certainty that an extension of the 2014 bill would not.

There are key provisions included in the legislation.

It includes additional funding for the Foreign Market Development (FMD) program and Market Access Program (MAP). This funding is critical at a time of suppressed global market demand for Iowa and U.S. soybean farmers. We must do everything we can to increase market share with current trading partners while developing new relationships and soybean demand.

We support the bipartisan-led Regional Conservation Partnership Program (RCPP) Improvement Act – a provision included in the legislation. It will strengthen the farm bill and incentivize rural and urban partnerships to increase adoption of practices improving soil health and water quality.

Finally, increasing the enrollment cap for the Conservation Reserve Program will benefit farmers.

Iowa soybean farmers applaud the collaboration in the House and Senate to advance this important farm and food legislation.

Not funded by the soybean checkoff

The Iowa Soybean Association (www.iasoybeans.com) develops policies and programs that help Iowa’s more than 40,000 soybean farmers expand profit opportunities while promoting environmentally sensitive production using the soybean checkoff and other resources. The association was founded in 1964 and is governed by an elected volunteer board of 22 farmers. It strives to be honest and transparent, fact-based and data driven and committed to environmental stewardship, collaborations and partnerships.