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Mike Rounds: “Higher fertilizer, diesel fuel, seed equipment and crop…”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

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Senator Rounds Gives Testimony at Appropriations Committee Hearing

Published | Video Starts at 00:54

Producers continue showing up year after year despite drought, floods, disease, pests, volatile markets, and other challenges beyond their control. This supplemental funding request comes at a critical time. Farmers and ranchers are facing production costs that exceed market returns. Higher fertilizer, diesel fuel, seed equipment and crop protection costs, coupled with retaliatory trade practices and continued market uncertainty have put enormous financial pressure on producers. Specifically, the projected loss per acre across the country in 2026 for corn is $131, for cotton, $342, for wheat, $114 and for soybeans, $80. (00:54–01:11)

CLAIM

Asserts that increased costs and trade practices are financially pressuring producers.

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