The president and CEO of Compeer Financial says the 2023 Farm Bill must maintain an adequate farm safety net.

Testifying before a Senate Ag subcommittee Thursday, Jase Wagner said farmers and ranchers are facing tighter margins.

“Federal risk management programs are well suited to their purpose,” he said. “Our crop and livestock insurance programs are inclusive and consistent. They create stability and certainty in an uncertain world.”

He says the farm bill can help knock down some entry barriers for young and beginning producers.

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