Political Quotes

John Boehner: Marketing loans and loan deficiency payments were there to facilitate the marketing of a crop. They weren't there to…

On the recordJuly 27, 2007
Marketing loans and loan deficiency payments were there to facilitate the marketing of a crop. They weren't there to make or set up a system to allow or to put farmers in a position where they become day traders, and the current system does, in fact, allow that. So instead of looking at a daily posted county price, if you looked at a monthly posted county price where you take out the high for the month and the low for the month and pick 5 days, you've got a fair price for all farmers. You've got a fair system that prevents people from gaming the system because of some abnormality in the market that may occur on one or two days. This is a commonsense amendment. I would urge my colleagues to adopt it.
Said by
John Boehner
Ohio

Editor's note · Context

Discussing agricultural marketing loans and proposing an amendment during a committee meeting.

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