President Trump today signed the Family Farmer Relief Act of 2019 (H.R. 2336). The legislation, supported by NCGA, aims to ease bankruptcy rules for farmers by raising the limit for farms to qualify for reorganizing their debts under agriculture bankruptcy law.
“Farmers are facing a perfect storm of challenges, be it uncertainty surrounding trade and tariffs or disruptions in the ethanol market. Amid these challenges they need access to all available tools which the Family Farmer Relief Act of 2019 will ensure they have. This benefits not just the farmer, but their rural communities. This bill raises the Chapter 12 operating debt cap to $10 million, giving more farmers facing difficult financial decisions the opportunity to survive another day,” said NCGA President Lynn Chrisp.
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 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.
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.