Whereas costs of production increase substantially from year to year, such as:
Diesel fuel from between $500 and $800 for 500 gallons last year to about $1500 tbis year;
Natural gas from $3 per cu. ft. to $9 per cu. ft. now;
Round-up weed-kill from $28 per gal to $58 per gal;
A ton of fertilizer from about $450 last year to almost $1000 per ton;
Equipment, such as an eight-row cotton stripper, increased 40% from $125,000 in 2001 to $175,000 now,
Now therefore be it resolved that the Texas Democratic Party work to have the United States Congress include in the Farm Bill a counter-cyclical safety net, indexed to the cost of production, to support farm income during periods of low commodity prices.
|Texas Farmers Union, P.O. Box 738, Sweetwater, Tx 79556|