Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   
   

Agricultural News


US Wheat Associates Argue that Delaying the Farm Bill Creates More Uncertainty for Wheat Growers

Mon, 01 Oct 2018 14:28:23 CDT

US Wheat Associates Argue that Delaying the Farm Bill Creates More Uncertainty for Wheat Growers U.S. Wheat Associates (USW) is disappointed that, once again, a new national Farm Bill could not be passed and implemented on time. This all too common outcome is more concerning for wheat growers and our entire agricultural industry this time because the future of a highly successful export market development program hangs in the balance.



In the current Farm Bill, 39 programs that received mandatory funding at $50 million per year or less do not have a baseline budget beyond FY-2018 that ends on Sept. 30. If this Congress can’t agree on a new Farm Bill, an extension of the current Farm Bill would have to include additional funding, or these programs would disappear. The Foreign Market Development (FMD) program, administered by USDA’s Foreign Agricultural Service, has a budget of $34.5 million per year, making it one of these “orphan” programs.



“The FMD program is fundamental to our work promoting U.S. wheat around the world,” said Vince Peterson, President of U.S. Wheat Associates, which is one of 23 organizations awarded FMD funding in FY-2018. “We use FMD funding to cover the salaries of more than 40 non-American employees and expenses for 14 overseas offices. With no FMD allocation, we will have to cover costs incurred after October 1 by shifting funds away from our activities or by using reserves from producer funds. That is a short-term bridge that we have used in the past. But it is not sustainable for more than several months; beyond that, we would have to start cutting activities and eventually closing offices.



“This comes at a particularly bad time as wheat export markets have been hard hit by the effects of the tariff retaliation that has come from both China and Mexico this year,” Peterson added. “USDA calculated tariff losses to the wheat industry at close to $250 million and that meter is running. Without our cornerstone market development funding program, our ability to limit those losses, prevent further erosion in our reputation and get our exports back on track is severely handicapped.”



U.S. Wheat Associates is encouraged that the legislation in conference now includes a long-term fix for the FMD budget issue. And, when budget fights or late Farm Bill passage held up FMD and Market Access Program allocations in the past, retroactive funding was made available. However, USW must now bridge the gap caused by another delay without undermining its work for farmers in the competitive world wheat market - and hope that it is not building a bridge to nowhere.



Source - U.S. Wheat Associates




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Friday Market Wrap-Up with Justin Lewis  Fri, 14 Dec 2018 14:56:56 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, December 14, 2018  Fri, 14 Dec 2018 14:50:13 CST
  • Ellen Coblentz of Chouteau, Okla. Recognized as a Significant Woman in Agriculture by ODAFF  Fri, 14 Dec 2018 14:39:05 CST
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 14 Dec 2018 14:00:07 CST
  • Farm Bureau Contends New USDA Broadband Program Will Boost Local Economies in Rural America  Fri, 14 Dec 2018 13:54:46 CST
  • CattleFax's Upcoming Webinar to Outline Beef Industry Analytics Firm's Market Expectations for 2019  Fri, 14 Dec 2018 12:25:15 CST
  • Noble's Dr. Myriah Johnson Defines What Antimicrobial Stewardship Means for Cow-Calf Producers  Fri, 14 Dec 2018 12:20:50 CST
  • OSU's FAPC Center Releases Its Top 10 Food Safety Tips for the 2018 Chirstmas Holiday Season  Fri, 14 Dec 2018 12:02:53 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.