Veneman Takes Positive Attitude Toward Farm Bill

April 29, 2002

The final shape of the farm bill, as outlined Friday by conference committee leaders, "appears to include more market-oriented and rebalanced loan rates as well as increased emphasis on conservation programs for working lands," said Agriculture Secretary Ann Veneman.

She added, "However, we look forward to examining more closely the specific provisions of the agreement, including final cost estimates from the Congressional Budget Office to ensure the agreement adheres to the intent and the spirit of the congressional budget resolution.

"This is a most critical time in regard to farm bill implementation for the 2002 crop year. Final action must be concluded now to enable farmers and ranchers to make the necessary business decisions. While USDA has been working hard to prepare for implementation, there is no doubt that this will be a formidable task in the coming months."