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Subcommittee Reviews the Financial Health of Farm Country
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6/2/2015, 6:35 PM
Video Description
On June 2, 2015, 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 financial health of farm country. With significantly lower commodity prices, net farm income has decreased substantially over the past two years. This impacts not only farmers and ranchers but also farm equipment dealers, agricultural input suppliers, main street businesses, and local lending institutions—essentially all of rural America. Members of the subcommittee heard from a panel of witnesses who highlighted the current conditions farmers and ranchers are facing as well as the importance of maintaining a strong farm safety net.
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