Agricultural Policy & Risk Management
NCFC strongly supported passage and implementation of the 2014 Farm Bill to meet the needs of U.S. producers, ensure the long-term viability, health and competitiveness of U.S. agriculture, and to help meet domestic and international food, fiber, feed, and energy needs.
Additionally, NCFC is following closely the appropriations process in Congress. Programs that are authorized but never funded are of no help. Likewise, programs that are deprived during the appropriations process never reach their full potential.
As processors and marketers of commodities and suppliers of farm inputs, cooperatives are commercial end-users of over-the-counter derivatives (commodity swaps). Cooperatives use swaps to effectively minimize risks associated with price movements in commodities, such as grain, dairy products, livestock, energy, and fertilizer. In addition, swaps give cooperatives the ability to offer customized products to producers that help them better manage their risk and returns and, provide more predictable profitability.