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Subcommittee reviews the reauthorization of the Livestock Mandatory Reporting Act

| Posted in Press Releases

Washington, D.C. - Today, Rep. David Rouzer (R-NC), Chairman of the House Agriculture Committee’s Livestock and Foreign Agriculture Subcommittee, held a public hearing to review the reauthorization of the Livestock Mandatory Reporting Act. First enacted in 1999, the Livestock Mandatory Price Reporting Act was developed in response to changing markets with an increasing number of animals being sold...

Opening Statement: Livestock and Foreign Agriculture Subcommittee Chairman David Rouzer: Hearing to review reauthorization of the Livestock Mandatory Reporting Act

| Posted in Opening Statements

Remarks as prepared: Good afternoon. I would like to welcome our witnesses to this discussion regarding reauthorization of the Livestock Mandatory Reporting Act. First enacted in 1999, the Act was developed in response to changing markets with an increasing number of animals being sold via marketing arrangements under which prices were not publicly disclosed. As these structural changes continued,...

Subcommittee reviews the reauthorization of the U.S. Grain Standards Act

| Posted in Press Releases

Washington, D.C. - Today, Rep. Rick Crawford (R-AR), Chairman of the House Agriculture Committee’s General Farm Commodities and Risk Management Subcommittee, held a public hearing to review the reauthorization of the U.S. Grain Standards Act. The U.S. Grain Standards Act, which was first passed in 1916, authorizes the Grain Inspection, Packers and Stockyards Administration to establish official ma...

Opening Statement: General Farm Commodities and Risk Management Subcommittee Chairman Rick Crawford: To review reauthorization of the U.S. Grain Standards Act

| Posted in Opening Statements

Remarks as prepared: This hearing comes nearly a century after the Grain Standards Act of 1916 was signed into law by then President Woodrow Wilson. For nearly 100 years, this law has been the cornerstone of the vibrant grain trade both for domestic consumption and international trade. This law is relied upon not only by exporters and domestic shippers, but by the whole US agricultural sector. It ...

CFTC Commissioners Testify Before Ag Subcommittee

| Posted in Press Releases

Washington, D.C. - Today, the House Agriculture Committee completed its series of four hearings in advance of writing legislation to reauthorize the Commodity Futures Trading Commission (CFTC). Led by Rep. Austin Scott (R-GA), the Subcommittee on Commodity Exchanges, Energy, and Credit held a public hearing with Commissioner Sharon Bowen, Commissioner Christopher Giancarlo and Commissioner Mark We...

Opening Statement: CEEC Subcommittee Chairman Austin Scott: Reauthorizing the CFTC: Commissioners' Perspectives

| Posted in Opening Statements

Remarks as prepared for delivery: Good Morning. Thank you for joining us today for this hearing of the Commodity Exchanges, Energy, and Credit Subcommittee as we continue the Agriculture Committee’s work toward CFTC reauthorization. Thus far, we’ve appreciated the opportunity to hear perspectives on reauthorization from end-users and market participants. Their testimony has been vital to helping u...

Subcommittee examines the implementation of the 2014 Farm Bill

| Posted in Press Releases

Washington, D.C. - Today, Rep. Rick Crawford (R-AR), Chairman of the House Agriculture Committee’s Subcommittee on General Farm Commodities and Risk Management held a public hearing to examine implementation of the 2014 Farm Bill. The Farm Bill was signed into law on February 7, 2014. The legislation both modernized and strengthened the safety net for farmers. By next week, most farmers will have ...

Opening Statement: Chairman K. Michael Conaway General Farm Commodities and Risk Management Subcommittee: Implementing the Agricultural Act of 2014: Commodity Policy & Crop Insurance

| Posted in Opening Statements

Remarks as prepared for delivery: Mr. Chairman, thank you for holding this important hearing. As you know, I chaired this subcommittee for a number of years, and I cannot think of a better successor than you. I know you care deeply about the policies under the jurisdiction of this subcommittee and the farmers and ranchers that these policies are designed to serve. I mainly want to echo the Chairma...

Opening Statement: General Farm Commodities and Risk Management Subcommittee Chairman Rick Crawford: Agricultural Act of 2014: Commodity Policy & Crop Insurance

| Posted in Opening Statements

Remarks as prepared for delivery: I want to welcome our witnesses, Administrator Willis and Administrator Dolcini. Thank you for being here, gentlemen, and thank you for all of the good work that you have done so far in implementing the Farm Bill. By Tuesday of next week, most farmers from across the country will have made the choices that we offered them under the Farm Bill. This will be the caps...

Subcommittee Continues Hearing Series in Advance of CFTC Reauthorization

| Posted in Press Releases

Washington, D.C. - Today, the House Agriculture Committee continued its series of hearings in advance of writing legislation to reauthorize the Commodity Futures Trading Commission (CFTC), which lapsed in September 2013. Members of the Subcommittee on Commodity Exchanges, Energy, and Credit Subcommittee, chaired by Rep. Austin Scott (R-GA), held a public hearing to examine the reauthorization of t...