Tuberville Demands Biden Administration Protect Farmers Amid Historic Inflation, Rising Input Costs

"The issues plaguing American producers are directly linked to the harmful policies."

WASHINGTON - Today, U.S. Senator Tommy Tuberville (R-AL) spoke on the Senate floor about the how the Biden administration's inflationary policies are hurting American farmers. He stressed the importance of passing a Farm Bill that puts American farmers first.

Read Senator Tuberville's remarks below or on YouTube or Rumble.

"Mr. President, I rise today to talk about the dire state of our American farm economy and our farmers. American farmers and producers are the backbone of our nation's agriculture economy and food security.

Despite their critical role in our lives to feed, clothe, and fuel not only the United States, but the entire world, our farmers are struggling to survive-and that's an understatement. The current state of the agriculture economy is bleak and on the verge of collapse. We have problems all over the world. We have problems in our country. There's nothing more important. Nothing more important that we should be addressing than our food supply here in this country.

Costs for farmers are rising. Commodity prices are falling. Our farmers cannot break even-much less, make a profit. According to the USDA, net farm income this year is projected to decline 4.4% from 2023 […]. That is a disaster. This follows a shocking-listen to this-a shocking 19.5% decline in 2022.

Not one business in this country can survive with this kind of decline. And our farmers and our farms are no different. This means producer's income has plummeted 23% in just two years. 23%. These figures represent over $40 billion in lost revenue for America's hardworking producers. This is the largest two-year decline ever in our farm income, ever in the history of this country.

Right now, our row croppers, especially, are facing considerable financial hardship. According to the American Farm Bureau Federation, row croppers had a $27.7 billion decline in cash receipts since last year. In Alabama, my state, our producers are yielding bumper crops of cotton, peanuts, corn, soybeans, and yet they can't profit due to [the] rising cost of production. Our catfish producers are in the same boat. Rising input costs and falling fish prices are threatening to put them out of business. A multitude of factors that producers have no control over are impacting their bottom lines.

And I wanna talk about one of them. This miraculous, this 'world saving' Inflation Reduction Act that we passed a few years ago, was supposed to 'save our economy.' It was supposed to save a lot of workers. You know what it's done to our farmers? It's almost put us out of business. The Inflation Reduction Act started a tax credit for imports and exports.

Unfortunately, all the tax credits are going to people, and countries, and farmers from overseas-Brazil and China. [The tax credit] is supposed to go to our farmers, [but] no it's not gonna do that. For some reason, this Administration [has] given all the tax credits to the farmers from other countries, and our farmers are struggling.

The Biden administration has control, has total control, over our farm economy, but you hadn't heard a peep out of them, not one peep about our farmers. And this is a disastrous year coming up. And right now, we are harvesting our crops and they're bumper crops. The issues plaguing American producers are directly linked to the harmful policies, as I just said, from the Biden-Harris administration.

This includes the lack of domestic energy production, skyrocketing inflation, which comes from the Inflation Reduction Act, and endless environmental hurdles. Let me say something about conservation and all the things that happen in our environment. There's nobody, and I mean nobody on the face of the earth, that takes care and is more conscious of environmental problems than our farmers, because they make a living off our land. But we're putting so many regulations on them. We're closing our farms down and running them overseas, and we're gonna have a national security threat because all of our food is gonna come from foreign countries.

Farmers are experiencing rising high costs of labor [and an] increase [in the] price of feeds, fertilizer, and pesticides. And I'm not going to sugarcoat it. America's agriculture producers are facing a very tough road ahead. And it's something nobody, the media, this building, […] The House of Representatives-nobody's even talking about. Folks, if we can't eat. If we don't have food to eat, we're done.

Many farmers fear that their farm loans this year will not be renewed. They have to have farm loans to put a crop in the ground. They fear cash flow is drying up and interest rates continuing to rise create an uncertain future for farming operations. Although Congress only has a few legislative days left to act, we must stop adding fuel to the Biden-Harris administration's fire. We've got to quit adding fuel. We've got to help the farmers.

We need to pass a Farm Bill that helps our farmers. Democrats are [in] control of that. […] A farm bill is for five years. […] Five years ago, the Farm Bill was $870 billion for [a] five-year period. It runs in a five-year period. So, this past year, we're supposed to be working on a Farm Bill. I'm on the Ag Committee. We go by the control of the Democratic Party. Our Democratic Chairwoman has decided we won't do a Farm Bill this year.

We're just throwing farmers underneath the bus. They need help. You would think by looking at everything going on, that my colleagues on the Left would rather our food come from other countries, take over our farmland, control it, and do something else with it.

Producers need a strong safety net-we've got to have a safety net for our farmers. Considering no farmer's risks are the same, we cannot take a one-size-fits-all approach. Remember, we have a Farm Bill that covers livestock, hogs, row croppers, forest, fish. There's a lot of things involved.

Farmers across the country have fluctuating levels of risk impacted by land and equipment costs, access to irrigation, and variable input requirements. Southern row croppers rely heavily, heavily upon Title I Commodity Programs in the Farm Bill, particularly the Price Loss [Coverage] program and the Agricultural Risk [Coverage] program. Yet Midwest producers heavily utilize crop insurance.

Where there may be an overlap across regions among these programs, we must fix the entire farm safety net, not just parts of it. Take the reference prices and commodity programs, for example. Reference prices are how much prices are in their commodity sells for. Our farmers […] are today operating on 2012 reference prices, 2012. Fourteen years later, the costs of production are 22-31% higher today than they were at that time a decade ago-making current reference prices completely inadequate for our farmers.

We don't have time to waste. Our farmers are facing an uphill battle to remain in business. […] The American people going to the grocery store are gonna find out pretty quick what it is to be hungry if we don't wake up and smell the roses.

Even if a Farm Bill is passed today, producers wouldn't receive any commodity program support from this Farm Bill until 2026. Game, set, match before 2026 for our farmers in this country.

That's help our farmers need now to survive, not two years late. Senate Republicans stand ready to act on a solid bipartisan bill the House Agriculture Committee passed earlier this year. Yet, Senate Democrats and the Biden administration refused, they refused, to come to the table to find practical, bipartisan solutions to the many problems our farmers are facing today.

'Let's don't worry about our farmers. Let's worry about Ukraine. Let's worry about people overseas. Eight hundred bases we have around the world. Let's don't worry about eating. We can without eating.' That's what this Administration's saying.

This forces us to look to supplemental appropriation packages to help our producers, if we're not gonna do a Farm Bill, to renew their farm loans and plan for next year's crops. If they don't get help this year, we're gonna have huge problems. They won't be pocketing this money. If we come up with some money to help the farmers get along, they'll just be planting another crop.

Without immediate action to assist producers, our nation's agriculture industry may never, ever, make it back from the damage that we're doing to them today. America has lost-listen to this-America has lost 150,000 farms and 25,000 farmers in our country over the last few years. What? 150,000 farms closed up. Why? They can't make a profit. You've owned a farm for 100 years, you and your family. But you get to the point where you say, 'you know, I'm not passing something down to our kids that really wanna farm, we're not gonna put them in harm's way. We're gonna sell. We're gonna get out of the business. And we're gonna let somebody else worry about it. Let's let the Federal Government worry about it.' […]

We can't afford any more losses to our farms. Our farmers are hurting. They're hurting real bad. But have you heard anybody talk about it, no.

You're gonna hear a lot of people complaining about it and there's gonna be an uproar in the next few years when prices double and triple as what they are today because we're not gonna have any food. And it's gonna come from Brazil, it's gonna come from China, it's gonna come from Vietnam.

We are doing severe damage to the farmers across this country and nobody cares. I'll continue to be the voice of our Southern agriculture producers in the Senate and ensure that we have a seat at the table on this Farm Bill upcoming. But as I just said a while ago, [even] if we do a Farm Bill today, we're gonna lose at least half of our farmers in this country this year, this year if they don't get some help.

Mr. President, I yield the floor."

Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans' Affairs, and HELP Committees.

###

Public link

Please use the above public link if you want to share this noodl on another website.