I think what people need to understand, the farmer that sold the day before Katrina got his money out of the marketplace, and what the LDP did is protect those farmers that sold later to get the same price that farmer got right before Katrina. So that's exactly what this is supposed to do. Farmers don't have any power in this marketplace to speak of. If you want to give all the power to the big guys, go to this system. It's not what we want to do in the Ag Committee.
Collin Peterson: “I think what people need to understand, the farmer that sold the day before Katrina got his money out of the…”
Editor's note · Context
Discussing the impact of market systems on farmers during a debate on agricultural policy.
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