Farm Bill Amendment To Study Insurance For Poultry Growers
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"Poultry growers and integrators play an important role in our local, regional, and national economies," Senator Coons said. "Between the recession and the volatile cost of chicken feed, the number of factors that can have a catastrophic impact on local economies but are beyond the control of our local farmers and integrators is rising. We saw this in
"As policy makers, we must insure that famers have an adequate safety net so that they may continue to provide Americans with the highest quality of food," Senator Chambliss said. This is even more important when we are talking about poultry producers, who risk losing their entire stock from an unexpected disease outbreak," said Senator Chambliss. "These studies are necessary to ensure that such insurance programs would benefit both the poultry farmer and the country."
The first study would focus on the impact of the growing number of bankruptcies of poultry integrators -- companies that hire local farmers to raise their chickens, then process and sell the chicken products in the market. Because local poultry farmers are typically only contracted with one integrator, if that integrator goes bankrupt -- as
The second study would focus on the cascading economic impacts of catastrophic events, such as disease outbreaks within America's poultry industry. While the poultry industry, state and federal entities have established the gold standard for poultry disease prevention, outbreaks are still possible, and can have significant impacts on integrators and local poultry farmers. Disease outbreaks can result in significant losses for both growers and integrators, including destruction of flocks, quarantined farms, and closure or restricted access to export markets. Often, a disease outbreak in one community can lead to prohibitions against imports from a much larger region, or the entire country. The Coons-Chambliss amendment would require
The two studies would come at no additional cost to taxpayers.
Senators Coons and Chambliss have received assurances that their amendment is among those being strongly considered for a vote as
http://coons.senate.gov/download/poultry-studies-amendment-to-farm-bill
Read this original document at: http://www.coons.senate.gov/newsroom/releases/release/senator-coons-introduces-farm-bill-amendment-to-commission-studies-on-insurance-for-poultry-growers
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