Soybean Farmers Applaud Farm Bill Outcome

October 8, 2001

The American Soybean Association (ASA) applauded passage of farm legislation by the House of Representatives and called on the Senate to act quickly to write its own version that treats soybeans equitably with other program crops. "While ASA was not satisfied with the inequitable levels of support for soybeans in the House farm bill, we did support the overall spending and investment levels for agriculture contemplated in the bill," said Bart Ruth, a soybean and corn producer from Rising City, NE.

"We look forward to working with the Senate Agriculture Committee in drafting an alternative bill that provides fair and balanced treatment for soybean producers," Ruth added. He said ASA had "clearly expressed concerns that the bill does not provide levels of support for soybeans that are equitable with support provided to other major crops." The ASA concerns focused on fixed payments and target prices for soybeans that ASA claimed do not reflect historical price relationships with other program crops.

Despite these objections, ASA strongly defended the spending allocations for commodity, conservation, research, trade, and rural development programs in the House bill against amendments that would have significantly shifted funding allocations. ASA state affiliates actively participated in the successful effort to protect the overall farm program safety net.

"ASA continues to support the funding level provided in the House bill," Ruth stated. "We are working closely with the Senate Agriculture Committee and other Senate offices to craft alternative legislation that fully utilizes these funds, and also addresses our concern that farm programs be fair and balanced between program crops. ASA hopes the Senate can act quickly and conclude the farm bill process before adjourning this year."

But the Senate "should not allow this year's timetable to dictate acceptance of the House farm bill. Soybean producers need long-term legislation that ensures equitable treatment of the nation's most valuable export crop," he added.