Oklahoma's Latest Farm
And Ranch News
Tuesday, February 14, 2023
Lucas, Boozman & Braun Reintroduce Legislation to Exclude Agriculture from Burdensome SEC Climate Rules
Congressman Frank Lucas (OK-03), the longest-serving Republican on the House Committee and Financial Services and former Chairman of the House Committee on Agriculture, U.S. Senator John Boozman (R-AR), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, and U.S. Senator Mike Braun (R-IN) reintroduced legislation to protect family farmers and ranchers from burdensome greenhouse gas (GHG) emissions reporting rules proposed by the U.S. Securities and Exchange Commission (SEC). 

The Protect Farmers from the SEC Act would exempt family farmers and ranchers from being included in the indirect GHG reporting requirements, ensuring they would not be required to track and disclose granular on-farm data regarding individual operations and day-to-day activities in order to stay compliant with the companies that purchase their products.

“America’s family farmers and ranchers face many challenges in the marketplace as they work to produce more commodities while using fewer resources. The SEC’s efforts to use financial regulation to implement a climate agenda would hinder the ability of American farmers and ranchers to compete in global markets and creating onerous compliance requirements for operations with few or no employees,” said Congressman Frank Lucas. “Nevertheless, federal securities laws already require publicly traded companies to disclose material risks to investors, the SEC’s ill-advised climate disclosure rule undermines the materiality standard for environmental policy purposes. I am proud to introduce legislation with Ranking Member Boozman and Senator Braun to ensure the SEC doesn’t take action that leads to burdensome reporting requirements for family farmers and ranchers when their products become a part of a supply chain for a publicly traded company.”

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Oklahoma Farm Report's Ron Hays talks regenerative agriculture and ranching with Jimmy Emmons. Jimmy is a long time resident of Leedey, OK. He is the third generation on the family farm in Dewey County. He and his wife Ginger have been farming and ranching together since 1980. They have a diverse 2000 acre cropping operation growing wheat, soybeans, sesame, sunflowers, irrigated dairy alfalfa hay, canola, grain sorghum and several cover crops for seed.
Jimmy has been monitoring soil health with soil testing since 2011 utilizing cover crops to enhance soil health.

Jimmy and Ginger also have a 250 cow/calf herd and take in yearling cattle for custom grazing on the nearly 6000 acres of native range. Ginger is the primary cattle manager in the operation. The Emmons’ utilize an adaptive multi-paddock grazing system on their range and forages grown on crop ground. They use the system to keep the native grasses and soils healthy, maximize biological diversity and optimize animal health.

As Jimmy Says- Long Live the Soil!

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Tim West
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Ron Hays
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