Farm Bureau Local in Wyoming Calls for Repealing Dodd-Frank, Re-Instating Glass-Steagall
October 2, 2011 • 8:49AM

Last month, a local board of the Wyoming Farm Bureau passed a call for the repeal of Dodd-Frank and re-instatement of Glass-Steagall. The action is in line to be taken up at the district level, then at the annual WyFB state convention in November.

The American Farm Bureau Federation is in all 50 states, with a membership of some 6 million families nationwide, and 12,000 in Wyoming. The national organization was founded in 1919; the WyFB, in 1920.

The axioms with which the Farm Bureau has been associated in recent decades—such as backing so-called free-market world trade, because, as the organization points out, one-third of U.S. cropland produces for export—are now fracturing under the blow-out of the monetarist system. In particular, Farm Bureau networks have traditionally handled insurance of all kinds, and now, that too is in turmoil. Recently, the Obama Administration sent letters to local insurance brokers, informing them that they would not get their commissions due on crop insurance, sold in association with a U.S. Department of Agriculture crop loss program, because, the letter said, the government doesn't have the funds.

The strength of the American Farm Bureau Federation has been its consistent backing for "production agriculture," and opposition to greenie environmentalism. State Farm Bureau teams have been providing fast and accurate reports on the extent of agriculture damage during the many weather disaster episodes hitting in North America, all ignored by the Obama Administration. The Texas Farm Bureau, in particular, is running updated video coverage of the vast damage to crops and livestock in the southern High Plains.

In Wyoming, the northern region of farming and ranching, is part of the upper Missouri River Basin watershed, hit hard by extreme snowmelt, heavy rains and flooding this year. The Big Horn River, originating in Wyoming, runs northward into Montana, intersecting the Yellowstone River, which, farther east, runs into the Missouri River itself. All this area experienced very high water, and faces another winter of potentially heavy snowpack.

In the countdown to their national convention Jan. 9-11, 2012 in Hawaii, state Farm Bureau organizations are now conducting county, district, and statewide meetings in October through December, constituting many opportunities for activation of these local farm region leaders for forcing through the needed national policy shift.