The National Corn Growers Association (NCGA) today provided the U.S. Department of Agriculture (USDA) with recommendations outlining both short and long-term actions that would provide assistance to farmers facing losses due, in part, to the most recent tariff increases and prolonged trade dispute with China.
NCGA analysis, capturing corn market impacts from May 2018 to April 2019, showed an average price loss of $0.20/bushel. In March and April of 2019, as trade talks with China lagged on, that loss widened again to closer to $0.40/bushel.
Given these losses, NCGA is urging USDA to improve upon last year’s Market Facilitation Program (MFP) which set the payment rate for corn at just one cent per bushel, to make sure that assistance more equitably compensates farmers for market losses. Beyond USDA, NCGA is also urging the Administration to address demand destruction caused by the EPA’s small refinery exemptions to oil refiners, among other actions.
NCGA members have been urging President Trump to consider the full scope of challenges facing farmers and sharing their personal stories on social media, using the hashtag #APennyWontCutIt.
COVID-19 Resources
NCGA is taking a series of actions to do our part to help contain the spread of the coronavirus (COVID-19) and the economic fallout it is creating for corn farmers and our customers. Short term, this means instituting policies to protect the health and safety of our stakeholders and the broader communities we serve. Long term, we’re focused on creating solutions to help corn farmers and our customers recover from the financial impacts of this crisis.
CommonGround
CommonGround is a group of farmers connecting with consumers through conversations about science and research and personal stories about food and misinformation surrounding farming. Supported by the NCGA and state corn organizations.
SHP
The Soil Health Partnership (SHP) is a farmer-led initiative that fosters transformation in agriculture through improved soil health. Administered by NCGA the partnership has more than 220 working farms enrolled in 16 states. SHP’s mission is to utilize science and data to partner with farmers who are adopting conservation agricultural practices that improve the economic and environmental sustainability of the farm.
