Agricultural News
At Final Farm Bill Hearing, Chairwoman Stabenow Underscores Importance of Risk Management, Reform
Thu, 15 Mar 2012 11:28:26 CDT
U.S. Senator Debbie Stabenow, Chairwoman of the Senate Committee on Agriculture, Nutrition and Forestry, said that strengthening crop insurance and reforming farm programs are top priorities for her as the Committee works to develop strong risk management tools for farmers. Chairwoman Stabenow's comments came during the final Farm Bill hearing focused on commodity programs and risk management.
"Every planting season, America's farmers take a huge gamble that their investment will pay off -- that the sun, the rain, and the markets will come together in just the right combination so they can make a living and support their families," Chairwoman Stabenow said. "We cannot forget that high commodity prices are of absolutely no use to a farmer whose crop was lost in a drought or flood. One storm can wipe out an entire crop and jeopardize a farm in a matter of minutes - whether that crop is cherries in Michigan or wheat in Kansas."
Chairwoman Stabenow also emphasized the need for reforms to farm programs, saying "the era of direct payments is over." Stabenow said that farm policy should focus on risk management that helps producers who have suffered a loss on the crops they actually grow.
"I have heard again and again from farmers and ranchers across the country that crop insurance is the most important risk management tool," Chairwoman Stabenow said. "It is absolutely imperative that we get these policies right. Sixteen million people in this country have a job because of agriculture. At our very first hearing, I asked my colleagues to keep those 16 million people in mind, and I ask that again today. The Farm Bill is a jobs bill, and no farmer in America should lose their job, lose their farm, because of bad weather or market conditions beyond their control."
The hearing featured testimony from a range of farmers, commodity groups, and other stakeholders unilaterally calling for strengthening risk management tools to continue producing a safe and affordable national food supply.
One of the witnesses who testified, Jarvis Garetson of Copeland, Kansas, exemplified many farmers' views on risk management.
"We went through the most devastating crop year in history. We had, on our farm, less than five inches of rain in 18 months, including last year, 2011. That's-by far-less than what we received in the Dust Bowl in Haskell County," Garetson said.
"So you take a record-low annual rainfall. We had the most 100-degree days in a growing season and the highest average wind speed through a growing season and the stars perfectly aligned for a major farm disaster. Without federal crop insurance, especially the enterprise units we use on our farm, we would be having a farm sale this spring instead of preparing to plant the next crop."
Garetson is a third-generation farmer on the land homesteaded by his grandfather in 1902. He said he and his brother rely on crop insurance to manage their risk so they can achieve their goal of having descendants on the same land 100 years from now.
(You can hear more of Jarvis Garetson's testimony by clicking on the LISTEN BAR below.)
Other witnesses included Mr. Michael Scuse, Acting Undersecretary, Farm and Foreign Agricultural Services, U.S. Department of Agriculture, Washington, DC; Ms. Hope Hills, Grower, Bangor, MI; Mr. Steve Rutledge, Chairman, President, and CEO, Farmers Mutual Insurance Company, West Des Moines, IA; Mr. Steve Wellman, President, American Soybean Association, Syracuse, NE; Ms. Pam Johnson, First Vice President, National Corn Growers Association, Floyd, IA; Mr. Erik Younggren, President, National Association of Wheat Growers, Hallock, MN; Mr. Jimbo Grissom, President, Western Peanut Growers Association, Seminole, TX; Mr. Travis Henry Satterfield, Partner, Satterfield Farms; Rice Producer, Bolivar County, MS; Mr. Chuck Coley, Chairman, National Cotton Council, Vienna, GA; Mr. Roger Johnson, President, National Farmers Union, Washington, DC; Mr. Bob Stallman, President, American Farm Bureau Federation, Washington, DC; and, Mr. Ryan Best, President, Future Farmers of America, Portales, NM.
An archived webcast of the hearing, as well as the Chairwoman's opening statement and witness testimony, can be viewed on the Committee website by clicking here.
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