I object at the present time. The SPEAKER pro tempore. Objection is heard. The Clerk will read. The Clerk continued to read.

I would like to yield 2 minutes to the gentlelady from Missouri (Mrs. Emerson), a tireless voice for rural American production of agriculture.

I think everyone in this room knows that I and my colleague, the ranking member, Mr. Peterson, and all members of the Agriculture Committee, have worked very aggressively to try to move the process forward to craft a comprehensive 5-year…

I think we have something going on like that in these markets.

We are putting pressure on these guys to make enough money to stay in business, and then this is what happens.

The regulators are doing as best as they can given the tools that they have.

The bedrock of their trust in these markets is based on the fundamental protections provided by mandatory segregation of customer funds.

It is beyond unfortunate that for a second time in less than a year, this Committee is examining the circumstances of a futures commission merchant bankruptcy where customer funds were not properly segregated.

So, we should go back and look at what we did and get some people to give us some kind of a sense of what our culpability in this whole situation is.

I would like to see us go back and look at the CFMA in 2000.

So let me repeat what I said earlier: These provisions do not decimate the program and leave struggling families to fend for themselves. What they do is restore program integrity. They reserve taxpayer dollars for families that are in need…

The gentleman from Pennsylvania is exactly right. That is the goal of our language in this bill, and it will be the additional efforts that we will undergo in the comprehensive farm bill that will follow soon.

I would say to the gentleman from Pennsylvania that, when we come with our comprehensive farm bill, things that have been identified by many people as a concern, like the direct payments, will not be there. We will address all spending in…

I would note to my colleague, the ranking member, I have one additional speaker, and then myself for whatever close I may have.

I would like to yield 4 minutes to the gentlewoman from Missouri (Mrs. Hartzler), who is the primary sponsor of our important piece of legislation today.

The forefathers that thought prevention was much wiser to deal with must be turning over in their graves at the way we look at flood control today.

How many Federal programs can show a return on investment of 15-25% for each and every year since the early 1950's that the PL-566 program can.

The State Association of Kansas Watersheds (SAKW) supports funding of the P.L. 83-566 (PL-566) watershed program as an inclusion in the Conservation Title of the 2012 Farm Bill.

we need a 5 year bill so that we can give certainty to our farmers

it is going to be a very challenging process

I see America, not in the setting sun of a black night of despair ahead of us, I see America in the crimson light of a rising sun fresh from the burning, creative hand of God.

Let me tell you--in some ways, Illinois and my home state of Oklahoma could not be more different.

For dairy producers, the ongoing discussion of dairy reform is of particular importance.

Today, we're here to listen.

I expect we will hear a different perspective than we got in the Northeast and the Midwest.