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Commodity leaders tell Senate committee their top priorities: higher reference prices, crop insurance and market access
Summary
Representatives from cotton, soy, corn, wheat, barley, sorghum, rice, peanuts, and sugar described regional impacts of the farm downturn and outlined commodity‑specific asks for the next farm bill and related policy actions.
A second panel of commodity leaders told the committee how the current farm downturn is affecting particular supply chains and requested tailored fixes alongside broad safety‑net reforms.
Nathan Reed (National Cotton Council) and Jennifer James (USA Rice) described how depressed prices and rising production costs threaten farm viability in the Delta and other regions. Reed emphasized modernization of marketing assistance loans for Upland and Pima cotton and a higher PLC reference price to reassure lenders. Jennifer James said rice producers suffered prolonged losses and that ‘‘nothing in my area pencils…
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