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ASA Supports Financial Assistance Legislation
Published Tuesday, November 24, 2009 at 05:02 AM
Earlier, Senators Cochran, Lincoln and Wicker introduced legislation to provide financial help for farmers and ranchers who suffered weather related losses during 2009. The American Soybean Association is one of the organizations urging Congress to provide funding to deliver the much-needed financial assistance. The groups are urging Senate leaders to work with Senator Cochran to identify an appropriate legislative vehicle that could be enacted before the end of the current session of Congress.

ASA President Johnny Dodson, a soybean producer from Halls, Tennessee, points out that - in some cases, the 2009 losses follow on the heels of similar losses in 2008. Dodson adds, - ASA believes the provisions in the legislation can effectively deliver emergency financial disaster assistance for most crops through a mechanism similar to Direct Payments. The payments would be limited to counties with a Secretarial disaster declaration.

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