Washington, D.C. (May 11, 2022)—“NCFC and its members welcome President Biden’s announcement today giving American farmers access to additional tools to boost domestic agricultural production and help alleviate the global food shortfalls caused by Russia’s invasion of Ukraine. Since the war began in late February, Secretary of Agriculture Tom Vilsack and his team at the U.S. Department of Agriculture have proactively worked to address the international turmoil in the food and agricultural markets and we applaud them for their efforts. The actions announced today can help producers meet demand in the short- and medium-term and will serve as a foundation for additional action to ensure U.S. food security in the longer term. We look forward to continued collaboration with both the administration and Congress as the response to the crisis continues.”
Since 1929, NCFC has been the voice of America’s farmer cooperatives. Our members are regional and national farmer cooperatives, which are in turn composed of nearly 2,000 local farmer cooperatives across the country. NCFC members also include 26 state and regional councils of cooperatives. Farmer cooperatives allow individual farmers the ability to own and lead organizations that are essential for continued competitiveness in both the domestic and international markets.
America’s farmer-owned cooperatives provide a comprehensive array of services for their members. These diverse organizations handle, process and market virtually every type of agricultural commodity. They also provide farmers with access to infrastructure necessary to manufacture, distribute and sell a variety of farm inputs. Additionally, they provide credit and related financial services, including export financing.