The Lubbock Chamber of Commerce says it is in support of the direction taken by the House of Representative's Agriculture committee.
The committee is working to develop a farm bill that is fair and equitable to all crops and all regions of the country.
The draft released Thursday gives producers an option to choose a title one program that best suits their needs and provides bankable price protection, while also making improvements to crop insurance.
Tim Collins, Chairman of the Lubbock Chamber, released a statement Friday:
"The legislation is fiscally responsible, as it contains reforms and consolidations that save the taxpayers more than $35 billion, It will allow producers to confidently continue buying equipment when needed, allow bankers to make operating loans, and all in all keep the economy of rural America going."
The current farm bill expires on September 30th.
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