National Corn Growers Association President Bart Schott released the following statement in response to President Obama’s Economic Growth and Deficit Reduction Plan:
“NCGA strongly supports the effort to get our federal budget under control and the need for shared sacrifice in order to achieve an equitable, balanced approach.
“We appreciate the recognition in President Obama’s plan of how important reliable effective risk management tools are to farmers and rural communities.
“While NCGA agrees the fiscal challenges before us require even greater efficiency in the delivery of farm safety net programs, we are deeply concerned by proposals that would directly undermine a farmer’s ability to purchase adequate insurance coverage at a time of heightened volatility in commodity markets.
“In addition, NCGA recently unveiled the Agriculture Disaster Assistance Program (ADAP), a plan that transfers a significant portion of direct payments for deficit reduction, with the remaining funds put toward an improved risk management program that better complements federal crop insurance.
“As the Administration and members of Congress begin to prepare for the next farm bill, we also ask that decisions and writing of the legislation be made within the committees of jurisdiction.”