Senator Expects Action on Farm Bill
Minnesota Senator Amy Klobuchar expects action on a Senate farm bill soon. Klobuchar, a Democrat and a member of the Senate Agricultural Committee, believes that agriculture will play a vital role in America’s economic future. She and South Dakota Senator Tim Johnson recently introduced the Securing America’s Future with Energy and Sustainable Technologies Act, a bill which seeks to develop renewable energy incentives and encourages the development of biofuels.
The bill seeks to create a renewable energy standard of 25% by 2025 and establishes a long-term extension of ethanol and biodiesel tax credits. In a press release, Klobuchar linked American energy and economic development to the strength of the agricultural sector, stating, “The strength of our nation is tied to the strength of our energy economy. Not only are we still dependent on foreign oil, other countries are making great strides in developing clean energy technologies. With the ingenuity of American farmers and manufacturers, we have the ability to be the global leader in energy. This bill will provide incentives that can boost our economy and help us secure our energy future.”
Referring to the farm bill, Klobuchar noted that it has helped the Minnesota economy, but would advocate several changes as its next iteration worked through the Senate. In particular she advocated changing the Milk Income Loss Contract program to better support producers and supported programs to help pork producers, who have suffered economically in recent years.
The future of the farm bill may be up in the air, but Farm Plus Financial remains committed to helping American farmers and ranchers. To inquire about farm loans call 866-929-5585 or visut .
Writen by: Justin Ellison / Farm Plus Financial Staff Writer