U.S. House Agriculture Committee Chairman Collin Peterson (D-Minn.) and Ranking Member Bob Goodlatte (R-Va.) testified before the House Budget Committee this week to outline funding needs for the upcoming Farm Bill reauthorization.

They urged the Budget Committee to increase the financial resources available for this year's Farm Bill proposals beyond the amount provided in the most recent CBO baseline.

"The Farm Bill is an important set of policies that provide a safety net for agriculture producers and rural communities, and ensures that all Americans continue to have access to the safest, most abundant food supply in the world," said Peterson. 

Goodlatte was involved in the Farm Bill field hearings held nationwide last year. "A common concern shared by farmers and ranchers of all facets of agricultural production was the increasing cost of environmental compliance requirements.  I asked the Budget Committee for the resources needed to help farmers and ranchers, who are our first and best stewards of the land, to comply with the complex and costly web of federal regulation that govern land use," said Goodlatte.

This year's Farm Bill debate will include new proposals requiring additional resources from the Budget Committee. A strong energy title is essential to facilitate investments in the expanding agriculturally based renewable energy market, including ethanol and biodiesel.

"The bottom line is that additional resources are needed to produce a policy that facilitates a strong farm sector and helps our nation move toward energy independence in a fiscally responsible way," Peterson said.

Source: U.S. House Committee