The Senate Agriculture Committee passed an amended version of Senate Agriculture Committee Chairwoman Debbie Stabenow's (D-Mich.) proposed farm bill, the Agriculture Reform, Food and Jobs Act of 2013.
The committee-passed farm bill includes provisions for both a revenue policy, Agriculture Risk Coverage (ARC), and price policy, Adverse Market Program (AMP), for growers of all crops, except cotton, which is provided with a STAX crop insurance policy. The target price level for rice is set at $13.30/cwt and includes an option to update rice yields. The ARC policy would apply on planted acres and the AMP policy would apply on base acres.
Ranking Member Thad Cochran (R-Miss.) and Sens. John Boozman (R-Ark.) and Saxby Chambliss (R-Ga.) voted for committee passage. Sens. Pat Roberts (R-Kan.), Mitch McConnell (R-Ky.), Mike Johanns (R-Neb.), John Thune (R-S.D.), and Kirsten Gillibrand (D-N.Y.) voted no. With the 15-5 Senate Agriculture Committee passage of its five-year 2013 farm bill, USA Rice is prepared for tomorrow's 2013 farm-policy debate by the House Agriculture Committee when it considers a separate five-year measure.
"We are grateful to Sens. Stabenow, Cochran, Boozman and Chambliss for their tireless efforts and support on our issues," said USA Rice Producers' Group Chair Linda Raun, a Texas rice producer. "We look forward to debate tomorrow in the House committee and, we hope, the committee's final passage of a five-year farm bill."
USA Rice Federation will continue its efforts to have a workable and equitable safety net approved for rice producers as part of a 2013 farm bill.
The full Senate is expected to consider the Farm Bill next week.
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