U.S. Senator John Boozman (R-AR) released the following statement after joining his colleagues on the Senate Agriculture Committee to approve the Agriculture Improvement Act of 2018, which is commonly referred to as the Farm Bill:
"The farm economy is in a much different place than the last time the committee gathered around the table to debate a Farm Bill.
Net farm income is approximately half of what it was then; farm bankruptcies are up by 39 percent since 2014; financing is becoming more expensive; input costs are rising; and the trade outlook is volatile and uncertain.
Farmers, across the country--regardless of which state they reside in and what crops they grow--are hurting. As members of this committee, we must produce a Farm Bill in a timely manner to provide certainty to the folks who feed and clothe our nation and the world.
I commend the leadership of Chairman Roberts and Ranking Member Stabenow. They had a heavy lift to find common ground amongst the committee. The overwhelming bipartisan support at the mark-up shows they were successful in drafting a Farm Bill that meets the diverse needs of producers across all regions of the country."