Chairman Frank Lucas issued the following statement welcoming the news that the U.S. Department of Agriculture (USDA) will move forward with implementing the Actual Production History (APH) adjustment for 2015 spring-planted crops. This crop insurance provision in the Agricultural Act of 2014 allows yield adjustments when losses are widespread and beyond the control of producers.
Chairman's Statement: President's Pledge to Support Risk Management Reform
WASHINGTON, D.C. — House Agriculture Committee Chairman Larry Combest (R-TX) issued the following statement regarding President Clinton's promise to support Congress in providing effective risk management for American farmers and ranchers:
"I was pleased to hear that the president realizes that we need to provide our farmers with a better safety net as we move towards a market-based agricultural economy. While he did not provide any details in this regard, I was encouraged by his willingness to work with Congress to ensure the future prosperity of America's farming and ranching families."
"Reforming the current risk management system is going to take a lot of hard work and we won't be able to do it overnight, which is why, as we plan for the long term, we also need to make the system work in the interim. I'm looking forward to seeing what resources he allocates in his upcoming budget to fix these major problems."