This week’s Cotton Newsline is 4 cuts. All cuts are Robbie Minnich, senior government relations representative for the National Cotton Council.
Suggested Introduction 1:
Agriculture Secretary Vilsack released the final draft of a new crop insurance Standard Reinsurance Agreement (SRA) which is the agreement between the federal government and the companies about how crop insurance is administered. Robbie Minnich, senior government relations representative for the National Cotton Council, says the final draft includes $6 billion dollars in savings that was created through this action
Suggested Introduction 2:
Minnich says the final draft agreement follows two draft proposals and months of discussions with insurance companies and other stakeholders.
Suggested Introduction 3:
According to Minnich the Administration is ensuring that $2 billion in savings from the new SRA will be used to strengthen targeted risk management and conservation programs.
Suggested Introduction 4:
Minnich says the NCC sent a letter to Secretary Vilsack in April strongly urging USDA to carefully consider the baseline budget implications of any program changes.