Rep. Austin Scott, Chairman of the House Agriculture Committee's Subcommittee on Horticulture, Research, Biotechnology and Foreign Agriculture, held a public hearing to review the impact of enforcement activities by the U.S. Department of Labor (DOL) on specialty crop growers. Specifically, Subcommittee Members addressed growing concerns that DOL is using the "Hot Goods" provision under the Fair Labor Standards Act of 1938 (FLSA) in an arbitrary manner against producers of perishable agricultural commodities without regard for the inevitable destruction of the product and significant economic hardship inflicted on farmers and their employees.
In Case You Missed It: Dodd-Frank Act Will Increase Costs for Farmers and Ranchers
Tamara Hinton (202) 225-0184
WASHINGTON – A report from CNBC explains the negative impact the Dodd-Frank Act will have on our farmers and ranchers on the day President Obama signed the bill into law. In the report, a rancher from Wyoming discusses how there could be fewer hedging opportunities, which will increase the cost of doing business.
To watch the complete video click here.