Mr. Speaker. today I am introducing legislation to revise the quota system on the importation of certain meat and meat products. The rising tide of meat imports is jeopardizing the income of our farmers. and I feel that the time has come for us to review and strengthen the existing limitations. For many months now. the American farmer has suffered from rising imports. As of March 30. the farm parity ratio was 74. the lowest since 1934. Per capita farm income last year was $1.731less than twothirds the level of per capita income for the entire country. In addition to this. cattle prices have fallen behind the rise in general price level.
Keywords matched
quota system