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National & World Ag News Headlines |
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NAWG: Decade Low Wheat Prices Support Need for Farm Bill
USAgNet - 08/31/2016
Record yields across the U.S. and favorable conditions around the world this harvest season have brought the lowest price of wheat in nearly a decade, with wheat futures down, causing a dilemma for elevator operators as an oversupply of wheat has caused
over-capacity in some areas. According to the National Association of Wheat Growers, these depressed prices are contributing to a general downward spiral of the farm economy, exacerbated by the threat of cut to certain programs in the Farm Bill, such as
crop insurance and Title 1 programs.
The group says rural communities and farmers' livelihood are both in danger if this downward trend continues, which makes it ever more important that a functional and successful Farm Bill is developed and implemented in 2018. To achieve this goal, NAWG
has developed and launched a Farm Bill Survey, intended to gather feedback from growers about what policies are most important to them. With the threat of continued low prices, it is increasingly important that growers' priorities are heard and listened to as
NAWG works towards an effective Farm Bill which will improve farm safety net programs, as well as maintain the already successful programs.
NAWG encourages wheat growers to complete the Farm Bill Survey and contribute their voices to the planning of a successful Farm Bill. The Survey can be found on the NAWG website.
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