Iowa Farm Bureau Economic Summit Brings National Media, Hundreds of Farmers to Ames

WEST DES MOINES, IOWA - July 25, 2012 - Impacts of the most widespread drought to hit Iowa topped many expert panel discussions during the Iowa Farm Bureau Economic Summit this week in Ames.  More than 400 Iowa farmers and agribusiness industry leaders came to Scheman Auditorium July 23-24 for perspectives from national experts in banking, fiscal policy, commodity marketing and climate change.

Many panelists at the Iowa Farm Bureau Federation (IFBF)-sponsored event agreed the agricultural sector is constantly evolving and currently highly volatile. Planning is crucial to maintain economic sustainability for Iowa farmers, currently impacted by drought-squeezed yields, rising farmland values and livestock feed costs.  "The consistent message was make long-term plans, and make sure you're grounded in reality," said IFBF Director of Research and Commodity Services David Miller.  "Land prices topping $10,000 to $15,000 an acre involve a lot of emotion, both for sellers and the buyers.  Multiple experts at our event agreed it is vital our farmers have long-term repayment capacity to weather the many variables that affect their bottom line," said Miller.  "Drought impacts on the nation's leading grain-producing states are driving corn and soybean prices through the roof now, but the reality is there is no guarantee this price rally is sustainable.  Yield prospects vary stalk-to-stalk this year, and we won't know what our yields will be until we're in the fields for harvest."

Economist Danny Klinefelter of Texas A&M University and Jeff Plagge, president & CEO of Northwest Financial Corp., and vice-chair of the American Bankers Association, to Iowa State University climatologist and weather expert Elwynn Taylor, a panel of D.C. experts from the Senate and House Ag Committees and Daniel Mitchell of the D.C. 'think tank,' the CATO Institute, were among the nationally-recognized monetary, policy, trade and economic experts tapped for the July IFBF economic summit.

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About Iowa Farm Bureau

The Iowa Farm Bureau Federation is a grassroots, statewide organization dedicated to enhancing the People, Progress and Pride of Iowa.  More than 153,000 families in Iowa are Farm Bureau members, working together to achieve farm and rural prosperity.  For more information about Farm Bureau and agriculture, visit the online Newsroom page at www.iowafarmbureau.com.

WASHINGTON, July 25, 2012 - As part of the Obama Administration's all-of-the-above strategy to enhance U.S. energy security, reduce America's reliance on imported oil and leverage our domestic energy supply, while also supporting rural economies, the U.S. Departments of Agriculture (USDA) and Energy today announced a $6 million investment in two Iowa projects that will drive more efficient biofuels production and feedstock improvements.

"If we want to develop affordable alternatives for oil and gasoline that will help reduce our dependence on foreign oil, we need investments like these projects to spur innovation in bioenergy," said Agriculture Secretary Tom Vilsack. "By producing energy more efficiently and sustainably, we can create rural jobs, boost rural economies and help U.S. farmers, ranchers and foresters prosper."

"As part of President Obama's all-of-the-above strategy to deploy every available source of American energy, we continue to strive for more efficient, cost-competitive technologies to produce U.S. energy," said Energy Secretary Steven Chu. "The investments announced today are helping to accelerate innovation across America's growing biofuels industry, which will help to reduce our dependence on imported oil and support job creation across rural America."

New Biomass Research and Development Initiative Investments

 

Through the joint Biomass Research and Development Initiative (BRDI), USDA and the Energy Department are working to develop economically and environmentally sustainable sources of renewable biomass and increase the availability of renewable fuels and biobased products. The five projects announced today will help to diversify the nation's energy portfolio and replace the need for gasoline and diesel in vehicles.

The cost-shared projects include :

  • Quad County Corn Cooperative ($4.25 million - Galva, Iowa). This project will retrofit an existing corn starch ethanol plant to add value to its byproducts, which will be marketed to the non-ruminant feed markets and to the biodiesel industry. This project enables creation of diverse product streams from this facility, opening new markets for the cooperative and contributing to the U.S. Environmental Protection Agency's goals for cellulosic ethanol production and use.

Additional information on the Biomass Development and Research Initiative is available HERE.

Leveraging Genomics for More Efficient, Cost-Effective Bioenergy

 

Today, the Energy Department and USDA are also announcing $10 million for eight research projects aimed at applying biomass genomics to improve promising biofuel feedstocks and drive more efficient, cost-effective energy production. These projects will use genetic mapping to advance sustainable biofuels production by analyzing and seeking to maximize genetic traits like feedstock durability, how tolerant feedstocks are to various environmental stresses, and the potential for feedstocks to be used in energy production.

A full list of the projects selected today is available HERE. The projects selected today include :

  • Iowa State University ($1.4 million - Ames, Iowa). Research will explore the genetic architecture of sorghum biomass yield component traits identified using field-based analysis of the feedstock's physical and genetic traits.

Since 2006, the Plant Feedstocks Genomics for Bioenergy research program has invested nearly $70 million helping to identify key genes affecting biomass yield and quality in feedstocks and to accelerate breeding efforts to improve bioenergy-relevant traits.

More information is available HERE.

The Energy Department also released today a new video, Biofuels 101, highlighting how technological advances are increasing biofuel efficiency and reducing production costs.

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USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 20250-9410, or call toll-free at (866) 632-9992 (English) or (800) 877-8339 (TDD) or (866) 377-8642 (English Federal-relay) or (800) 845-6136 (Spanish Federal-relay). USDA is an equal opportunity provider and employer.

The drought in Iowa is bad. And it's just getting worse every day without rain. In fact, some farmers might even be looking at total losses this year if things don't change soon.

While we can only pray for wet weather, we can do something right now to help farmers -- and consumers -- in desperate need of our assistance.

The 2012 Farm Bill is the single most important piece of legislation affecting Iowa and Iowa's economy, but Republican leaders in the House are fighting amongst themselves in a petty tug of war. Iowa farmers don't have time for a family squabble.

What's worse is that much of the assistance to help farmers during drought has expired from the last Farm Bill and many farmers have been left without a safety net. This will be devastating for Iowa's economy if Congress doesn't act now.

Join me in urging Speaker John Boehner and Majority Leader Eric Cantor to bring the Farm Bill to the Floor of the House before they leave for vacation in August.

It's not often every single member of the Iowa Congressional delegation -- Republicans and Democrats -- agree on something. And passing the Farm Bill immediately makes real Iowa common sense for farmers, consumers, and Iowa's economy.

There's no excuse - Republican leaders in the House must bring up this bill for a vote. Providing relief to our family farmers now will have a big impact on Iowa's economy and assist farmers trying to make ends meet during this horrible disaster.

Tell Republican leaders in Congress: Bring up the Farm Bill for an up or down vote now! Iowans deserve your immediate action.

Thanks for all you do.

Bruce

Initiates process that would require vote if majority of House members sign on to so-called "discharge petition"

WASHINGTON, D.C. - Rep. Bruce Braley (IA-01) today announced an effort that could effectively force the House of Representatives to vote on the 2012 Farm Bill before House members leave Washington for the August Recess.

If Congress fails to act by September 30th, the Farm Bill will expire and revert to the outdated 1949 version of the law.  Congressional inaction on the Farm Bill is contributing to a sense of anxiety among Iowa's farmers and agriculture producers, compounded by worsening drought conditions that are threatening crops across the state.  Already, much of the disaster assistance funding in the 2008 Farm Bill has expired, leaving many farmers without a safety net this year.

House leaders have blocked the chamber from voting on the Farm Bill prior to a month-long August recess.  Braley's bill would force leadership to take up the Farm Bill, ensuring a vote that would give farmers much-needed economic certainty and security.

"Republicans and Democrats don't agree on much these days, but I believe they can come together to get the Farm Bill passed," said Braley.  "Passing the Farm Bill now makes real Iowa common sense for farmers, consumers, and Iowa's economy.  House leaders should not delay this vote any longer, and I'm taking action today to force a vote on this important issue.  Iowans are depending on the Farm Bill for their future and cannot wait another five weeks to know the path forward."

House rules provide that a bill must receive an up or down vote if more than 218 members sign a document known as a 'discharge petition.'  Braley's has taken the first steps to initiate the discharge petition process, creating a path forward that would circumvent House leaders' hold on the Farm Bill.

The Farm Bill is critically important for Iowa farmers and Iowa's economy, and would bolster the safety net for those struggling from this summer's drought. The hot weather and lack of rain have left farmers vulnerable to weak crops and struggling livestock.

Last week, Braley authored a letter, co-signed by the entire Iowa delegation, encouraging the House leaders to take up the Farm Bill.  On Friday, Braley toured the farm of Gary and Vicki Owens near Palo to see firsthand what Iowa farmers are facing in this summer's drought.

A version of the Farm Bill has already passed through the Senate, and a committee in the House endorsed a version of the Farm Bill that was supported by both Democrats and Republicans.

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Washington, DC - Rep. Bruce Braley (IA-01) will hold his weekly press conference call with Iowa reporters this morning at 10:30am CDT.

Braley will announce new steps he's taking to get the US House to hold an up-or-down vote on the Farm Bill.  House leaders have refused to schedule a vote on the Farm Bill, despite a number of disaster assistance programs from the 2008 Farm Bill expiring and Iowa farmers suffering through a worsening drought this summer.

WHAT: Bruce Braley's weekly press call with Iowa reporters

WHEN:  TODAY, Wednesday July 25, 2012

11:30am EDT // 10:30am CDT

MOLINE - Lt. Governor Sheila Simon will visit the Quad Cities on Wednesday and Thursday to chair meetings of the Mississippi River Coordinating Council and the Governor's Rural Affairs Council.

 

Before the river council meeting Wednesday afternoon, Simon will discuss the state's response to recent drought conditions, the status of Governor Quinn's request for a nearly statewide disaster declaration that includes Rock Island County, and the impact the drought is having on navigation along the Mississippi River. To date, 26 counties have been declared federal disaster areas due to drought and Quinn has requested 76 more be added to the list.

 

At the rural affairs council meeting Thursday morning, Simon will release the findings of her rural listening posts, which collected quality of life data from Illinois residents in six rural communities earlier this year (Carbondale, Freeport, Gibson City, Mattoon, Peoria and Quincy).

 

More than half of participants in the rural listening posts predicted their quality of life will improve in the next five years and cited job creation, education funding and affordable healthcare as top priorities.

 

EVENT: Mississippi River Coordinating Council meeting

DATE: Wednesday, July 25

TIME: 1:15 p.m. media availability, 1:30 meeting start

LOCATION: WIU Quad Cities Riverfront Campus, Rock Island County Board of Supervisors Room, 3300 River Drive, Moline

 

EVENT: Governor's Rural Affairs Council meeting

DATE: Thursday, July 26

TIME: 9:45 a.m. media availability, 10 a.m. meeting start

LOCATION: WIU Quad Cities Riverfront Campus, Rock Island County Board of Supervisors Room, 3300 River Drive, Moline

 

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Tour of Drought-Impacted Farm Shows Importance of Farm Bill Passage

By: U.S. Representative Bruce Braley

Last Friday, I met with two farmers from Palo, Gary and Vicki Owens, to see their farm and discuss the drought conditions that are affecting crops across Iowa. I saw the dry ground and struggling corn and soybeans that the Owens are hoping will survive in the heat and dry weather. Gary and Vicki told me how concerned they are that sporadic rain during the month of July will doom their crops, but they continue to hope that wetter and cooler weather will grace their crops sooner rather than later. They are preparing for the worst, but hoping for the best.

The lack of rain along with the blistering heat are making farmers take a look at their insurance policies and what the federal government is doing to assist them if the weather causes a massive loss in crops.

Today, just as we saw in the 1920s, the federal government needs to take responsibility when farmers suffer from events outside of their control.  That's the reason why, last week, I joined Iowa's entire House delegation, Republicans and Democrats, to demand that Congressional leaders hold an immediate vote on the bipartisan Farm Bill.  Some disaster relief programs from the 2008 Farm Bill have already expired, and if Congress does not pass the farm bill by September, laws will revert back to the outdated 1949 Farm Bill.  We can't afford to go back to laws that are that outdated - let alone when we are suffering from such a difficult summer.

I will continue to work with the US Department of Agriculture to get farmers the help they need, and keep working to bring members of both parties together to ensure that the Farm Bill is passed as quickly as possible.  Iowa farmers and their families need some degree of certainty during such uncertain times.  The Farm Bill ensures a safety net and allows farmers a degree of financial security for the future.

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Crop and Livestock disaster relief programs expired in Fall of 2011 !!!

Washington, D.C. - Congressman Dave Loebsack today led the entire Iowa delegation in introducing legislation to extend agriculture disaster programs that were created in the last farm bill through 2012.  The Loebsack authored Agriculture Disaster Assistance Act will help farmers and livestock producers with drought losses beyond insurance until a new farm bill is signed into law.  Senator Max Baucus (D-MT) has introduced similar legislation in the Senate.

"I have seen firsthand the damage this drought has already caused to crops and livestock.  With no end in sight to the current conditions, we must move quickly to ensure farmers and producers in Iowa and across the country who are struggling have access to a safety net.

"I am pleased the rest of the Iowa delegation joined me in introducing this legislation and hope they join me in calling on House leadership to quickly bring up and pass it.  Until a new farm bill is passed and signed into law our farmers and producers need to know that they are not in this alone and that 2012 won't be the year that sinks their farm."

Specifically, the Agricultural Disaster Assistance Act will extend the Supplemental Revenue Assistance Payments Program (SURE), Livestock Indemnity Program (LIP), Livestock Disaster Forage Program (LFP), Tree Assistance Program (TAP), and Emergency Assistance for Livestock, Honey Bees, and Farm-Raised Fish Program (ELAP) temporarily through 2012.

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CARBONDALE - Lt. Governor Sheila Simon will host a media call-in Tuesday afternoon with Audrey Rowe, Administrator of the United States Department of Agriculture's Food and Nutrition Service, to announce that up to 50 farmers' markets across Illinois will receive free wireless machines that accept Link, debit and credit cards as part of the Illinois Electronic Benefits Transfer (EBT) Wireless Project. With these markets coming aboard, one in three farmers' markets statewide will accept food stamp benefits for the first time.

Simon and Rowe will be joined on the call by Connie Spreen, the executive director of the Chicago non-profit Experimental Station, and vegetable farmers Cheryl and Josh Dotson of Dotson Farms in Beecher, a mother-son team that sells produce at several farmers' markets in Chicago. Simon and Rowe will explain the wireless grant program and discuss USDA efforts to boost access to local foods and the impact that can have on the health of citizens and the economy.

DATE: Tuesday, July 24

TIME: 1 - 2 p.m.

All callers using the above pass code will be placed in listen only mode. To join the Q&A portion of the meeting, these callers are instructed to press *1 on their touch tone phone.

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Washington, D.C. - Rep. Bruce Braley (IA-01) today released the following statement after the US Department of Agriculture temporary changes to their major conservation programs to help livestock producers as this summer's drought intensifies.

"The efforts announced today by the USDA are good first steps to start helping Iowa farmers affected by this summer's drought.  If this drought continues, farmers will need more help.

 

"That's why I'll keep working with the USDA to ensure we're doing everything possible to stand behind farmers during this challenging time.  The drought not only threatens the livelihood of countless Iowa farmers, it will have incredible effects on Iowa's economy.  That's why it's so important we do everything we can to keep Iowa farmers on their feet.

 

"And with many of the disaster recovery programs from the 2008 Farm Bill already expired, it's more important than ever we quickly get a new Farm Bill passed into law."

The assistance announced today takes advantage of the Secretary of Agriculture's existing authority to help create and encourage flexibility within four USDA programs: the Conservation Reserve Program (CRP), the Environmental Quality Incentives Program (EQIP), the Wetlands Reserve Program (WRP), and the Federal Crop Insurance Program.

More details on the USDA steps announced today can be found at the following link: http://go.usa.gov/fEp

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