National Corn Growers Association President Ken McCauley took advantage of a Farm Foundation Farm Bill Forum Tuesday in Washington, D.C., to peddle NCGA's revenue-based safety net proposal for the 2007 Farm Bill.
"The agriculture sector is inherently risky and corn growers feel that if agriculture is to survive and continue to thrive in the future, it is time to take U.S. farm policy in a new direction," McCauley said. "The 2002 farm bill was the right policy for those times, but times have changed. Policy needs to be market focused. It needs to recognize the variable producer. It needs to target support for producers when they need it. Our proposal does just that."
According to NCGA, some key upsides of the proposal - being called the National Farm Security Act - include more efficient use of tax dollars by only providing a safety net when it is needed, reducing damage inflicted by volatility in markets and production, and incorporating built-in disaster aid.
The disaster aid in the proposal could save taxpayers as much as $1.8 billion per year, McCauley says.