The bill also provides $600 million over the next five years in mandatory funding to the Initiative for Future Agriculture and Food Systems. This new mandatory spending will provide $120 million per year on a competitive grant basis for six high priority mission areas: agricultural genome research. food safety. food technology. and human nutrition. new and alternative uses of agricultural commodities and products. agricultural biotechnology. natural resource management. including precision agriculture. and farm efficiency and profitability. In addition. the bill addresses the immediate concerns facing all those who rely on federal crop insurance. provides for the Fund for Rural America. and funds food stamps for the elderly. disabled. and children of the nations poorest immigrants. Mr. President. more than just a reauthorization bill. the legislation before the Senate today is an investment in the future and represents our commitment to Americas farm families.
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