Montana Farmers Union member John Wicks testified before the House Ag Committee’s Subcommittee on General Farm Commodities, Risk Management, and Credit. His testimony detailed the importance of credit and risk management for family farmers. “While access to affordable and reliable credit and well-functioning risk management tools are important for family farmers, we must have fair and competitive markets and a robust farm safety net,” Wicks said during his testimony. “Recent changes to improve the farm safety net may help alleviate some challenges with persistently high input costs and low commodity prices, but farmers still face major economic stress as long as corporate monopolies in agriculture remain unchecked, as they are today.” Wicks made recommendations to improve the Farm Service Agency’s loan program, including increasing loan limits to reflect the current economic environment, making it more feasible to restructure debt, and ensuring the programs meet the unique needs of all producers.
Welcome
