Washington, D.C. (April 27, 2022)—“On behalf of America’s farmer co-ops and their member-owners, I applaud the announcement today by Secretary of Agriculture Tom Vilsack releasing funds from the Bill Emerson Humanitarian Trust. Russia’s invasion of Ukraine has created unprecedented turmoil in agricultural commodity markets that has combined with underlying inflation to accelerate a food security crisis in many developing countries. Today’s action is a critical part of the U.S. effort to help feed those in need overseas. We urge the Biden administration and Congress to continue America’s historical commitment to humanitarian food assistance as this country continues to respond to the direct and indirect impacts of Russia’s military aggression.”
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.