06/23/2026 | Press release | Distributed by Public on 06/23/2026 16:04
June 23, 2026
Contact: Marjory Walker
(901) 274-9030
MEMPHIS, Tenn. - The National Cotton Council (NCC) welcomes the Senate Agriculture, Nutrition, and Forestry Committee's release of a Farm Bill 2.0 discussion draft and urges strong bipartisan support for this proposal as it advances through the Senate.
"We appreciate Chairman Boozman for developing this discussion draft during a critical time on our farms," said NCC Chairman Nathan Reed. "Cotton producers and farm families across the country are navigating sustained price pressure, high input costs, and ongoing market uncertainty. This draft legislation strengthens the farm safety net, sharpens risk management tools, sustains key research, expands trade opportunities, and reinvests in the long-term success of rural America."
The discussion draft maintains many of the cotton industry priorities secured in the House-passed legislation by preserving the marketing loan program during future government shutdowns, advancing efforts to create a harvest incentive insurance option, and increasing funding for international trade promotion. The Senate discussion draft also requires more frequent USDA reporting to improve market forecasting.
NCC appreciates the bipartisan work that has gone into developing this language and looks forward to working with leadership in both chambers to help secure final passage this year.