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This bill matters because it aims to provide a direct financial safeguard for a specific group of American farmers who often face unique challenges. Farmers of seasonal and perishable crops, like fruits and vegetables, can be particularly vulnerable to market fluctuations, especially from increased imports which can drive down prices quickly. If this bill becomes law, it could help stabilize incomes for these producers, making it more feasible for them to continue growing these crops in the United States. This could impact the availability of domestically grown produce and potentially help prevent some family farms from going out of business due to unexpected price drops.
Without this bill, these farmers would continue to bear the full financial risk of low prices caused by imports, potentially leading to reduced planting, financial hardship, or even the closure of farming operations. Its passage could ensure a more stable supply of certain American-grown produce, while its failure would leave these farmers without this specific federal support mechanism against import-driven price drops.
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This bill matters because it aims to provide a direct financial safeguard for a specific group of American farmers who often face unique challenges. Farmers of seasonal and perishable crops, like fruits and vegetables, can be particularly vulnerable to market fluctuations, especially from increased imports which can drive down prices quickly. If this bill becomes law, it could help stabilize incomes for these producers, making it more feasible for them to continue growing these crops in the United States. This could impact the availability of domestically grown produce and potentially help prevent some family farms from going out of business due to unexpected price drops.
Without this bill, these farmers would continue to bear the full financial risk of low prices caused by imports, potentially leading to reduced planting, financial hardship, or even the closure of farming operations. Its passage could ensure a more stable supply of certain American-grown produce, while its failure would leave these farmers without this specific federal support mechanism against import-driven price drops.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| AMOUNT | PROGRAM | TYPE | YEARS |
|---|---|---|---|
| $200,000,000 | Seasonal and Perishable Crop Loss Pilot Program | discretionary | Each fiscal year that begins after enactment and before the program's termination (up to 5 years) |