Thank you to the many individuals that spoke at the public hearings and submitted written comments for the draft Swine General Permit. At Cape Fear Farm Credit, we are committed to agriculture and to serving our customer-owners. We too submitted comments; our submitted comments are below.
The swine industry is vital to North Carolina’s economy, specifically to the many individuals that live and work on these farms within rural North Carolina. In an already depressed economy, the swine industry continues to provide stable jobs to many farm families as they serve consumers.
As the financial partner to many of Southeastern North Carolina swine farmers, we encourage you to consider the financial impact of any new, unnecessary regulation in the General Swine Permit. Many swine farms already operate on tight margins and additional income is often invested back into the farm for maintenance and upkeep. If unnecessary regulations become required, many family farms will need to take out additional operating loans or lines of credit.
Additionally, North Carolina swine farms currently operate under some of the nation’s toughest regulations including on-site inspections of every farm and comprehensive rules about managing animal waste. As their financial partner, we know the investment each farmer has made to their farm, including the care for our natural resources, animals, and complying with all regulations.
Again, we ask that you strongly consider the financial impact of any new unnecessary regulation. As income is not increasing yet expenses are, more compression of operating margins will affect our farming families, rural communities and North Carolina.
As a financial partner to those within Southeastern rural North Carolina, we too live and serve within these rural communities. We support family farmers and all that they do within our schools, communities and North Carolina’s economy.
We thank you in advance for considering the financial impact additional regulations may have to swine farmers.
Brad Cornelius, CEO
Cape Fear Farm Credit