Chair Cheri Bustos Opening Statement at Hearing to Review the Efficacy of the Farm Safety Net
Press Release
Chair Cheri Bustos Opening Statement at Hearing to Review the Efficacy of the Farm Safety Net
[As prepared for delivery]
Thank you to all the witnesses and my colleagues for joining us here today.
I am excited to chair this subcommittee this
We have heard time and again how critical crop insurance is as a risk management tool for farmers, and how necessary Title 1 farm programs are to address market and production challenges.
We have a great panel of witnesses here today, including several farmers who will talk about production and weather conditions in recent years, a crop insurance agent who will give an overview of how the program works and an ag economist who will give us insight on the state of the farm economy and considerations for the safety net.
This is an important hearing to get input from you about how 2018 Farm Bill programs are working and to get a better understanding of what is happening in the countryside.
We are interested to hear more about the considerations given in signing up to ARC or PLC, and how changes we made to those programs have worked for growers. And in particular, we want to hear about how crop insurance has kicked in in times of need.
Building up to this hearing, I've held a series of meetings with stakeholders and have led roundtables with this Subcommittee to hear Members' priorities as well as to get input from national farm organizations.
In addition to hearing from this panel today, we intend to hold additional hearings to help inform this Subcommittee on the impacts of the dire drought conditions affecting much of the West, Upper Great Plains, and Midwest, as well as to understand how other severe weather events this year have affected farmers.
The information we gather from you today and in future hearings is critically important in our work to ensure that help is there when times are tough and when disasters strike.
I'd now like to welcome the distinguished Ranking Member, the gentleman from


UMass Amherst food scientists aim to make plant-based protein tastier and healthier
Fight for the Future: New GAO Report Confirms: FOSTA-SESTA Has Been a Disaster
Advisor News
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
More Advisor NewsAnnuity News
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
More Annuity NewsHealth/Employee Benefits News
Life Insurance News