“As a producer, I understand the narrow margins we all are facing and 5 or 10 percent can make a huge difference to your operation's viability,” Dodson stated. “While this program would be an asset to cotton producers in all areas of the country, it would be especially important to young farmers as they work with their lenders.”
He added that this program would best utilize budget resources; respond to public criticism by directing benefits to growers who suffer losses resulting from factors beyond their control, and build on existing crop insurance programs, thus ensuring there is no duplication and offering the potential for program simplification.
National Cotton Council of America
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