Farm Bill Programs At Risk Without Immediate CCC Replenishment
By John Newton, Ph.D.and Scott Gerlt
American Farm Bureau Federation
For decades the Commodity Credit Corporation, with authorities granted by Congress, has provided funding to stabilize and support farm income and commodity prices through programs related to commodity and income support, conservation, export promotion, international food aid and disaster assistance, among others. Since 1987, the CCC has been replenished annually at $30 billion to fund many programs farmers rely on, such as Agriculture Risk Coverage, Price Loss Coverage, Dairy Margin Coverage and the Conservation Reserve Program.