Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

House Framework Rejected by Agriculture Groups

Organizations are not happy with framework proposal.
Jason Vance 
Published: Feb 14, 2008

Several groups have voiced opposition to the proposed framework for the Farm Bill the House of Representative released Wednesday. The framework rolled out by House Ag Committee Chairman Collin Peterson, D-Minn., and ranking member Bob Goodlatte, R-Va., is simply a starting point for negotiations of details of the Farm Bill, but with a set price tag of $6 billion above the baseline.

"This plan reflects a failed effort to negotiate an acceptable farm bill directly with the Administration, and its enactment would be far worse than an extension of the 2002 Farm Bill," says American Soybean Association President John Hoffman. "It reverses the limited progress ASA achieved in the House bill to provide more equitable income support to soybean producers, and sufficient funding to make U.S. biodiesel producers competitive with imported biodiesel."

According to Peterson a conversation with House Speaker Nancy Pelosi, D-Calif., Wednesday morning lead to the agreement that an extension of the 2002 Farm Bill would not be attempted if a new bill is not passed by its expiration on March 15. In that situation U.S. farm policy would revert to the 1949 permanent law until a new farm bill is written.

The National Corn Growers Association, National Farmers Union, American Farm Bureau and several others deplored the proposal, saying that it did not provide adequate funding for farm programs.

"Do I want more," Peterson says. "Sure. A lot of my constituents want more. These groups are not helping the process. I know they're not happy, but if people want to get greedy, what they're going to accomplish is make sure they don't get anything but permanent law."

During a briefing of the media Wednesday, Peterson pointed out that this proposal was just to show that a bill could be written with funding just $6 billion over baseline. He said as far as offsets and specific details of what was included in the bill, he considers those issues still on the table for negotiation.



Permalink: Click here

Tagged: farm, farm bill, soybean, Extension, SURE

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
The Buzz: Grain Market Chaos Continues
Morning Call by Bryce Knorr
CRP Signup Results Announced
Satellite Imagery Shows the Good and the Bad
Farm Markets Rise Ahead of Holiday
Livestock Call By John Otte
Weekly Fertilizer Review
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com