Interviews
NCC urges Committee to include STAX in new farm law
17 May '12
4 min read
Coley said moving upland cotton's support into an insurance program is consistent with the determination of the WTO panel in the U.S.-Brazil WTO case -- that found no trade distortion or price suppression related to insurance programs. He said the NCC believes the combination of STAX and the modified marketing loan significantly reduces U.S. trade-distorting support for upland cotton.
As part of the 2012 farm bill, the NCC would oppose any further restrictions on payment eligibility, including lower limits or income means tests. Coley said the 2008 farm law included the most comprehensive and far-reaching reform to payment limitations in 20 years. The limitations were made more restrictive, and the adjusted gross income test was substantially tightened.
“Likewise, we have serious concerns with any efforts to change the requirements that determine whether an individual is considered to be actively engaged in the farming operation,” Coley said. “Arbitrary restrictions on the contribution of management and labor are out of touch with today's agricultural operations and would only contribute to inefficiencies.”
The NCC also supports the continuation of the Economic Adjustment Assistance Program (EEAP) for domestic textile manufacturers. Coley said the EEAP, authorized in the 2008 farm bill, has revitalized the U.S. textile manufacturing sector and added jobs to the U.S. economy.
Coley also called for retention of the extra-long staple competitiveness program and ongoing support of two vital export promotion programs -- the Market Access Program and Foreign Market Development Program.
As part of the 2012 farm bill, the NCC would oppose any further restrictions on payment eligibility, including lower limits or income means tests. Coley said the 2008 farm law included the most comprehensive and far-reaching reform to payment limitations in 20 years. The limitations were made more restrictive, and the adjusted gross income test was substantially tightened.
“Likewise, we have serious concerns with any efforts to change the requirements that determine whether an individual is considered to be actively engaged in the farming operation,” Coley said. “Arbitrary restrictions on the contribution of management and labor are out of touch with today's agricultural operations and would only contribute to inefficiencies.”
The NCC also supports the continuation of the Economic Adjustment Assistance Program (EEAP) for domestic textile manufacturers. Coley said the EEAP, authorized in the 2008 farm bill, has revitalized the U.S. textile manufacturing sector and added jobs to the U.S. economy.
Coley also called for retention of the extra-long staple competitiveness program and ongoing support of two vital export promotion programs -- the Market Access Program and Foreign Market Development Program.
The National Cotton Council
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