Crapo: Inflation Impacting Idaho’s Agriculture Industry is Out of Control

Twin Falls, Idaho--Thursday, U.S. Senator Mike Crapo (R-Idaho) led Idaho agricultural producers in a news conference on the inflationary pressure impacting Idaho’s agriculture industry.

“Sustained high inflation impacting Idaho’s agriculture industry is out of control,” Crapo said.  “The party-line budget reconciliation bills Congressional Democrats pursued the past two years only added fuel to the inflation fire with unwarranted increases in federal spending.  Further, the tax increases in the ‘Inflation Reduction Act’ will only make matters worse by increasing burdens on businesses that continue to deal with supply-chain disruptions and the added costs of delivering goods to the marketplace.”

Crapo was joined at the conference by Idaho Farm Bureau CEO Zak Miller and Twin Falls County Farm Bureau President Larry Hollifield.  Miller and Hollifield added to the Senator’s concerns regarding sustained high inflation and its impacts on Idaho’s producers.

“As a farmer, we are used to good and bad years; that is normal,” Hollifield said.  “However, there is a great concern about inflated farm inputs. We don’t know how long they are going to last.”

As the Ranking Member of the Senate Finance Committee, which has jurisdiction over international trade, Crapo continues to put pressure on the Biden Administration to pursue more trade agreements.

“Sound trade policies that open more international markets to Idaho-produced agricultural goods are also another critical area we can fight inflation and increase economic opportunities for our Gem State agricultural producers,” Crapo said.

Video of the press conference is available here: https://youtu.be/UtYqHHydITo