Commodity Groups Disappointed to See Amendment Withdrawn
Leaders from the American Soybean Association, National Corn Growers Association, National Sunflower Association and U.S. Canola Association were disappointed to see the amendment to set target prices for all crops at 55-percent of the five-year rolling Olympic average withdrawn. The groups believe the Gibbs amendment would have received strong support on the House floor and would have made the 2013 farm bill a better piece of legislation overall. In a joint statement - the groups said they expect Lucas to respond to the farm policy concerns raised by the amendment during Conference on the farm bill as he committed to do. According to the soy, corn, sunflower and canola groups - the final farm bill must be more equitable and market-oriented than the current Price Loss Coverage program in the House bill.
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