American Soybean Association Announces Farm Bill Proposals

Recommendations include competitive income supports and boosts for biodiesel.

Published on: Feb 12, 2007

Following a year of collecting grower input and developing economic analysis of policies, the American Soybean Association released its proposals Friday for Congressional consideration in the 2007 Farm Bill debate.

The proposals are highlighted by a call for more competitive income supports.

"The new Farm Bill allows policymakers to correct major inequities in price and income support levels that exist under the 2002 Farm Bill," says ASA President Rick Ostlie. He says soybean farmers "are concerned that current support levels don’t provide an equitable safety net for soybean production."

In its Energy Title, ASA also proposes a biodiesel incentive payment of 40 cents per gallon and a one dollar per gallon tax credit and doubling of funds for the Biodiesel Education Program.

ASA's Conservation Title would expand the Conservation Reserve Program into a national program and adjusting CRP to allow currently enrolled non-environmentally sensitive land to return to production for energy crops. USDA estimates that up to 7 million acres currently enrolled in CRP could return to production over time without causing environmental problems. ASA stresses that they do not want to bring any environmentally sensitive land out of CRP.

You can view details of ASA's farm bill proposals at www.soygrowers.com/policy/2007FarmBill/ASA2007FB.PDF.