Let me respond. I would say to the gentleman, Mr. Chairman, that the price paid to the farmer is not the only price. There are processing costs, there are trucking costs, there are costs in having the store, and I know the gentleman is much more critical of the market than I. I would point out to many of my colleagues on the other side that the view of the market he is taking, he is being consistent, is not one they usually take. They are the ones that are making a very blatant exception for this one favored profession. I differ with the gentleman from Vermont about this. I understand that is his view. I do believe the market generally works, but the price paid to the producer is by far the only element.
Barney Frank: “Let me respond. I would say to the gentleman, Mr. Chairman, that the price paid to the farmer is not the only price.…”
On the recordJune 23, 1998
Source
govinfo.govEditor's note · Context
Discussing the complexities of market pricing and costs in agriculture.
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