Washington, D.C. (July 24, 2018)—“I would like to commend Secretary of Agriculture Sonny Perdue for spearheading the Administration’s efforts to deliver assistance to farmers, ranchers and growers facing losses due to retaliatory tariffs imposed by some of our trading partners. The $12 billion in aid using existing Commodity Credit Corporation authority will help producers impacted by these tariffs to weather the storm in the short term. We look forward to working with the Secretary and USDA over the next month as the details of the three programs unveiled today develop.”
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 2,500 local farmer cooperatives across the country. NCFC members also include 19 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.