Subcommittee Reviews Impact of Feed Costs on the Livestock Industry
Washington, DC,
March 8, 2007
"Because feed costs have risen dramatically over the past year, it's extremely important to gather information and hear from the experts on what we might expect in the future," said Chairman Boswell. "The entire livestock industry has felt this burden, which ultimately will be felt by the consumer. It's my hope that our agricultural community will be able to produce enough grain for both the livestock and ethanol industry. We will use today's hearing and gathering of information as a good start towards workable solutions" The subcommittee heard testimony from two panels of witnesses. The first panel included U.S. Department of Agriculture Deputy Secretary Chuck Conner, accompanied by USDA Deputy Chief Economist Dr. Joe Glauber. The officials answered questions about the growth of domestic biofuels and its impact on the crop and livestock markets. The second panel was comprised of seven witnesses. Six farmers, ranchers and producers across The Livestock, Dairy and Poultry Subcommittee will be one of six House Agriculture subcommittees involved in reauthorization of farm programs in the Farm Bill. The opening statements of all eight witnesses are available on the Committee website, and a full transcript of the hearing will be posted on the Committee website in 4-6 weeks. http://republicans-agriculture.house.gov ### |