On the recordJuly 23, 1996
The point I have tried to make is 22 percent of the farmers own 80 percent of the quota. Sure there are people who have, you know, a little quota here, a little quota there. But it does not amount to much. This program is stacked with the big farmers. So he makes these arguments that, you know, well, you look at peanuts and cotton and soybeans and that, you know, peanut farmers are a disproportionate number of them, more of them own the farms that they grow peanuts on than cotton, soybeans, and the like. What he does not say in the chart--maybe it is true--he does not say whether those peanut farmers are quota holders or nonquota holders. Probably a lot of these peanut farmers do own their land but they did not own a quota. I will tell you what those 'some restrictions' are. You cannot sell them for eatable use. That is some restriction. I think maybe he meant to say that is sum restriction instead of saying that is some restriction. Maybe it was the emphasis. But that is a complete restriction. You cannot sell them here. You have to sell them overseas. And you have to sell them at a heck of a lot less than what the quota price is.
Source
govinfo.gov




