U.S. Cotton Leaders Resolute in Farm Policy

摘要

Facing a severe time restriction and difficult budget and trade limitations, U.S. cotton producer leaders boldly guided the development of a dramatically new farm policy. They believed this federal cotton program adjustment would immediately strengthen U.S. cotton producers' ability to manage risk by making an affordable revenue-based crop insurance program available for purchase. The recommendation was then submitted by NCC to Congress for consideration. Many cotton industry leaders, along with NCCstaff, monitored the political and budgetary environment in our nation's capitol. An anticipated challenge came with the Budget Control Act of 2011 passage in August. The NCC quickly recognized that baseline spending for the next farm bill debate would be reduced by whatever portion of the $1.4 trillion savings that was assigned to agriculture by the Joint Commission.