In the face of ongoing economic volatility, U.S. farmers continue to produce. For each input that goes into farming, they produce 2.75 times more, and lawmakers need to understand this as they establish priorities for the 2023 U.S. Farm Bill.
Virginia farmers learned about the outlook for the farm bill at a Nov. 29 update at the Virginia Farm Bureau Federation annual convention in White Sulphur Springs, West Virginia.
Andrew Walmsley, senior director of government affairs for the American Farm Bureau Federation, encouraged attendees to educate their congressional representatives on farmers’ efforts to promote conservation through innovative best management practices and to share data with them that show a reduction in agricultural emissions with a simultaneous increase in yield and quality.
Enduring market volatilities are compounded by dozens of economic factors, Walmsley said, including supply chain challenges, export and transportation issues, drought impacts, inflation, soaring diesel prices, and rail-service-labor conflicts.
“In this room there are no surprises here,” he said. “You live this. We have seen some higher commodity prices absorb some of these costs. But some of you may recognize our commodity prices may fall much more quickly than the cost of inputs.”
Walmsley offered some background information on the four chair and ranking members of the House and Senate agriculture committees who will be key in drafting the 2023 Farm Bill. The bill typically includes 12 titles, from commodities to conservation to crop insurance expansion. The Supplemental Nutrition Assistance Program takes the biggest chunk of spending in the bill.
With 88 new members of the House and eight new senators, “We have a lot of work to do as Farm Bureau to educate members of Congress on the importance of the farm bill,” Walmsley said.
Almost half of Congress will be taking up the farm bill for the first time. The previous farm bill passed in 2018.
One farmer asked Walmsley how climate issues will play into the bill.
“Climate has been a tough issue for Farm Bureau to discuss in the past,” Walmsley replied. “In a lot of those early negotiations, agriculture was not invited to the table, and a lot of bad ideas were put out there, like carbon tax and cap-and-trade (emissions caps) that unnecessarily increased our energy costs.”
Interest exists in agriculture being part of the solution to take carbon from the atmosphere and store it in trees and soil, Walmsley said.
“Farm Bureau policy has been pretty robust when it comes to climate policy,” Walmsley said. “We do have a good story to tell. We can do a lot to provide the societal benefits expected of us.”