Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

House Ag Committee Announces Series of Hearings to Focus on the Farm Economy

Tue, 12 Apr 2016 09:54:05 CDT

House Ag Committee Announces Series of Hearings to Focus on the Farm Economy House Agriculture Committee Chairman K. Michael Conaway (R-TX) announced this week that the committee will begin a series of hearings titled Focus on the Farm Economy. Each of the six subcommittees will examine growing pressure in rural America from the perspective of the subcommittee. The first hearing in the series—Focus on the Farm Economy: Growing Farm Financial Pressure—will be this Thursday at 10:00 a.m. Eastern time in 1300 Longworth before the General Farm Commodities and Risk Management Subcommittee. Over the past three years, net farm income has fallen by 56 percent, the largest three-year percentage decline in net farm income since the Great Depression.

Upon announcing the hearing, Chairman Conaway released the following statement:

“As chairman of this committee, I am increasingly concerned about the direction the farm economy is headed. With no relief in sight, it is more important now than ever that we protect the Farm Bill and push back against attacks on the risk management tools that are so vital in protecting our farms and ranches. It is also important for the committee to examine the broader impacts that this economic downturn is having. For example, the collapse in net farm income is leading to a significant reduction in equipment purchases, changes in food prices for consumers, serious impacts on creditors and their ability to cash flow producers, pressure to reduce voluntary conservation efforts to save money, reductions in the use of cutting edge technology, growing impacts of regulatory overreach on bottom lines, and increased damage from disproportionately large foreign agricultural subsidies. This downturn in the farm economy has sweeping consequences, and I look forward to having each of the subcommittees take a closer look at this important issue.”



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Cow-Calf Producers Invited to Learn How to Boost Their Production Efficiency at Integrity Beef Seminar  Tue, 20 Aug 2019 10:15:55 CDT
  • NCBA's Allison Rivera Holds USDA's Dragging Feet to the Fire on FMD Vaccine Bank's Implementation  Tue, 20 Aug 2019 10:13:27 CDT
  • Allendale Estimates Record August 1 Cattle on Feed Total Ahead of Upcoming USDA Report  Tue, 20 Aug 2019 09:36:56 CDT
  • Tuesday Preopening Market Update with Dave Lanning  Tue, 20 Aug 2019 07:09:04 CDT
  • Steer and Heifer Calves Steady, Yearling Heifers Steady, Yearling Steers Higher at Joplin on Monday  Tue, 20 Aug 2019 05:53:56 CDT
  • Feeder Steers and Heifers Higher, Steer and Heifer Calves Not Well Tested at Oklahoma National on Monday   Tue, 20 Aug 2019 05:37:25 CDT
  • Corn Silking has Reached 95% and Soybeans Blooming has Reached 90% this Week Nationally, Pasture and Range Conditions Steady this Week  Mon, 19 Aug 2019 17:24:28 CDT
  • Slaughter Cows Steady to 1.00 Lower, Slaughter Bulls 1.00-2.00 Higher on a Very Light Test Monday at OKC West   Mon, 19 Aug 2019 17:15:18 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.