Feenstra Helps Introduce Legislation to Deliver Financial Relief for Iowa Farmers

HULL, IOWA – Last week, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation – led by U.S. Rep. Trent Kelly (R-MS) – to help deliver financial relief to American farmers facing low commodity prices and high input costs this crop year.

“President Biden and Vice President Harris approved trillions of dollars in reckless government spending that sent inflation skyrocketing and have completely failed to open new export markets for our producers. This one-two punch helped cause interest rates and input costs to rise significantly while a lack of demand for American-made agricultural products across the globe has exacerbated our low commodity prices,” said Rep. Feenstra. “It’s why I’m glad to support the FARM Act, which will deliver financial relief to our farmers and producers in the face of high operating costs and unrelenting inflation. We must pass this legislation in conjunction with the Farm Bill – which includes an increase in reference prices for commodities like corn and soybeans – to provide certainty and support for our farm families.”

This legislation – dubbed the FARM Act – specifically directs the Secretary of Agriculture to make emergency assistance payments to farm producers to alleviate the financial imbalance between high input costs and low commodity prices.

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