WASHINGTON (RFD-TV) — Longtime Senate Ag Committee Member, Senator Chuck Grassley (R-IA), warned other lawmakers that a bit of a crisis is brewing in Iowa, his home state, over land values.
Sen. Grassley said in a floor speech this week that land values are down 3 percent year-over-year in his home state, which he views as an uncomfortable pattern that he has seen play out before.
“In the 1980s, that didn’t happen overnight,” Sen. Grassley said. “It kind of crept up on us very slowly. We don’t want to let that happen again. So, we need to be vigilant today.”
Grassley went on to say that for too long, Congress has waited to act. He is calling on his colleagues to take action and help save family farms.
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March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
