"On a fundamental level, derivatives markets exist for hedgers, for those businesses and people who have risks that they seek to manage."
"I want to go back to Mr. Duvall, if I can. Our cotton producers can't just--those cotton pickers cost a lot of money."
"there seems to be a big disconnect between what Americans are paying for their groceries and what people, who are actually out there growing the crop are receiving for it."
"One of my primary concerns as a Member of this Committee is when we get into writing the next farm bill, one of the things we have to make sure of is that we don't allow commodity groups to be pitted ..."
"I believe it is important to hold hearings like the one today to make sure the credit needs of producers are being met."
"The perception of the fraud is a problem for the program because the American citizens have lost faith in Washington being able to stop the abuses."
"Those production practices today are under attack, in many cases, by some of the same people that on one day wear the hat for we should be doing more for people to alleviate hunger."
"I trust the people at the Tift County school system... we don't need somebody from Washington, D.C. telling us what to feed the students."
"I would suggest that maybe a more accurate description would be that it reduces the impact of poverty on their lives."
"the needs exceed our authorities, and even our specific ways we can work."
"the guaranteed lending model is more efficient, allows us to use our resources more efficiently."