LINCOLN, NEB. – “Today President Trump’s administration proposed dramatic cuts to the farm safety net in the administration’s FY2018 budget request being delivered to Capitol Hill. Crop insurance today serves as the main agricultural safety net that exists for Nebraska farmers and ranchers who have seen a 50 percent decline in farm revenue since 2013. We have opposed cuts to crop insurance in the past, and we continue to oppose them today.”
“Crop insurance helps to reduce taxpayer risk and has come in under budget since the 2014 Farm Bill was passed. Farmers have collectively spent $50 billion out of their own pockets on crop insurance since 2000, which clearly demonstrates our willingness to help fund our own safety nets.”
“Our congressional leaders recognize the importance of maintaining a strong farm safety net. We fully expect that to be the case again this year, and we are hopeful to engage in meaningful dialogue about how to support America’s hardworking farmers and ranchers in difficult times.”
The Nebraska Farm Bureau is a grassroots, state-wide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service and advocacy efforts. More than 61,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit www.nefb.org.