The U.S. Grains Council applauds the administration for recognizing the value of expanded agricultural exports in its proposal for mandatory spending cuts. Floyd Gaibler, director of trade policy for the U.S. Grains council, says – it’s recognition for the benefits agricultural exports bring back to the U.S. economy. Also, – it’s evidence that the work of joint government-industry groups like the Council is paying off for American farmers, for American business, and for our nation’s economy.
The administration recommended extensive cuts in USDA spending to the so-called “super committee” working on a government-wide deficit reduction plan but specifically cited “increased funding for programs to expand U.S. agricultural exports” as one of the ways it supports U.S. agriculture.
In contrast, the White House recommended eliminating direct payments, reducing subsidies to crop insurance companies, and reducing conservation spending by targeting it to the most environmentally beneficial programs.