Rep. Frank Lucas, Chairman of the House Agriculture Committee, today issued a statement in response to the Commodity Futures Trading Commission's (CFTC) surprise "advisory notice" to further regulate cross-border swaps.
Farm Bill Field Hearing in Dodge City, Kansas
Chairman Frank Lucas wrapped up the House Agriculture Committee's field hearing series in Dodge City, Kansas. It was the final hearing that was held across the country to listen directly to producers on the ground and gather input in advance of writing the 2012 Farm Bill. Members heard from producers of a variety of commodities and beef about the tools they need to continue to produce a safe and affordable food and fiber supply. Witnesses explained that one of the goals of the Farm Bill should be to provide opportunities for effective risk management for all of agriculture.