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FILE NUMBER: H.F. 151

 

DATE: January 20, 1999

Version: As introduced

 

STATUS: Agriculture Committee

Authors: Harder

Subject: Resolution on the Farm Financial Crisis

Analyst: Sam Rankin, 651-296-5047

This document can be made available in alternative formats upon request. Please call (651) 296-6753 [voice]; or the Minnesota State Relay Service at 1-800-627-3529 [TTY] for assistance.

Overview

House File 151 is a resolution memorializing the Clinton Administration and the United States Congress to take measures to assist struggling livestock and grain farmers. Actions requested include revising and expanding the $50,000,000 emergency relief program for hog farmers; investigate continuing mergers and the concentration of market power in meat-packing and commodity grain industries; increase available livestock slaughter capacity in the U.S. and Canada; expand food exports and increase meat purchases for foreign and domestic nutrition programs; grant credit forbearance on USDA loans and private lender loans; enable livestock and grain producers to use the Emergency Disaster Loan Guarantee Program; not use food exports as a foreign policy tool; and review provisions of the Freedom to Farm Act of 1996.