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Wednesday, July 24, 2024

Corn Grower Leader Testifies on Farm Financial Conditions

A corn grower-leader from Minnesota told the House Agriculture Committee that farmers across the country must have a reauthorized and strengthened farm bill. “Unless conditions change, I believe we are heading into a perfect storm, a storm I don’t think will be fully appreciated until early next year when farmers try to get loans and are unable to do so because they can’t demonstrate the ability to cash flow,” says Minnesota Corn Growers President Dana Allen-Tully. “We have to have policies in place that reflect the realities of farming today.” She also says the stakes in farming are incredibly high, higher than she’s ever remembered them to be. “We’re putting everything we have on the line every year for very thin and oftentimes negative margins,” she also said. “While farmers feed and fuel the economy, they need a strong farm bill that will assist them when the chips are down.”