AFBF President Zippy Duvall Comments on USDA Cotton Support ProgramMon, 06 Jun 2016 18:34:51 CDT
AFBF President Zippy Duvall made the following statement after the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced it will provide an estimated $300 million in cost-share assistance payments to cotton producers through the new Cotton Ginning Cost-Share program.
“Farm Bureau commends Secretary Vilsack’s decision to provide a temporary Agriculture Department program to help U.S. cotton farmers defray processing costs, giving them hope as they face some of the most difficult market conditions in more than a decade.
“We are especially appreciative that Secretary Vilsack took the time to work with us, the National Cotton Council and others to arrive at this special, one-time arrangement without requiring legislative action. This is a clear example of what we can accomplish when we work together. Our cotton farmers and the rural businesses they partner with will be better off because USDA took action to address a serious market downturn in their industry.”
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