Doug Ose: “Yesterday, on Monday, July 10, a farmer cooperative with many producer members in my district filed for bankruptcy…”

“Yesterday, on Monday, July 10, a farmer cooperative with many producer members in my district filed for bankruptcy protection. Hopefully, they will be able to overcome the financial challenges that lie ahead of them. But with the prices of farm commodities so low, they face an incredibly difficult financial obstacle course. I want to personally thank the gentleman from New Mexico (Mr. Skeen) for his work on this important bill. It will help many farmers and ranchers in my district and in the State of California. Many of the provisions allow our producers to market their products overseas and to successfully compete against heavily subsidized agricultural producers from the European Union. In spite of all of these things that Congress is doing, such as passing this bill and passing the Agricultural Risk Protection Act to help the producers of America's food to stay on the farm, many of our farmers and some co-ops remain in financial trouble. Our farmers and ranchers cannot stay on the farm unless they make a profit. Mr. Chairman, I know of the strong commitment of the gentleman from New Mexico (Mr. Skeen) to our agricultural producers. They need to know that when times are bad, this Congress will do what is necessary with tools already at hand to assure that they can continue growing the commodities our Nation wants and needs.”