Chairman Frank Lucas of Oklahoma and Ranking Member Collin Peterson of Minnesota issued the following statements after the House Agriculture Committee approved H.R. 1947, the Federal Agriculture Reform and Risk Management (FARRM) Act of 2013, by a large, bipartisan vote of 36-10.
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.