The continuing resolution scheduled to be voted on in the House of Representatives this week does not include a replenishment of the Commodity Credit Corporation (CCC). The $30 billion CCC fund is used, in part, to provide assistance to farmers and ranchers in times of economic emergencies.
The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall:
“We’re disappointed that Congress has not reached an agreement on replenishing the Commodity Credit Corporation. For years, both parties have come together to ensure the CCC provides a safety net for America’s farmers and ranchers. A fully funded CCC is as important as ever as farmers are suffering through a pandemic, trade imbalances and severe weather.
“The impact of the CCC is far reaching. Without immediate CCC replenishment, programs laid out in the farm bill, including conservation and rural development, as well as supplemental funding for nutrition programs, are all at risk. We strongly encourage members of Congress to put their differences aside in order to address the needs of rural America.”