NCFC Opposes Toomey Amendment on Sugar Program
Washington, D.C. (June 19, 2012)—The National Council of Farmer Cooperatives today expressed its strong opposition to Senate Amendment 2433 to S. 3240, the farm bill. The amendment, offered by Senator Pat Toomey (R-Pa.), would change current sugar programs in such a way as to effectively eliminate the program.
“The Toomey amendment would undo the reforms to the sugar program made in the 2008 farm bill and is unlikely to provide any benefit to the American consumer,” said Chuck Conner, president & CEO of NCFC. “The result would be fewer jobs for Americans and more for our foreign competitors, who are heavily subsidized and will be able to dump their excess production on the world market.”
“Like every other farm bill program, the sugar program in the bill has evolved over the years, and has reached a balance to ensure adequate and safe supplies of sugar at very competitive prices,” Conner continued. “NCFC strongly urges members of the Senate to vote against the Toomey amendment.”
NCFC is a national association representing America’s farmer cooperatives. There are nearly 3,000 farmer cooperatives across the U.S. whose members include a majority of our nation’s more than 2 million farmers, ranchers and growers. These farmer cooperative businesses handle, process, and market agricultural commodities and related products; furnish farm supplies; and provide credit and associated financial services. Earnings from these activities are returned to their members on a patronage basis. Farmer cooperatives also provide jobs for nearly 250,000 Americans, many in rural areas, with a combined payroll of over $8 billion.