The Senate Ag Committee kicked off its final schedules Farm Bill Hearing today. The hearing focused on the need for and cost effectiveness of risk management tools available to farmers and how the federal government can provide appropriate risk management tools while making the best use of limited resources.
Chairwoman Debbie Stabenow said at the hearing that direct payments are no longer important.
Ranking Member Pat Roberts pointed out that farmers are able to put seed in the ground this spring because of the way that they managed their risk through the purchase of crop insurance that protected them from disasters in 2011. He called that a success story between the government and private industry’s farmers.
USDA Acting Undersecretary for Farm and Foreign Ag Services Michael Scuse was the lead witness. He stressed how critical crop insurance is the for 2012 Farm Bill.