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Secretary perdue the Agricultural Department has a broad portfolio in the United States, certainly from producers, but from food nutrition for people who need who are hungry and need food. It creates food safety, it creates Marketing Programs for trade and many other aspects of the american economy, particularly dealing with farmers, ranchers, and anyone who eats. Steve there is a must of abraham a bust of Abraham Lincoln behind you. Secretary perdue he created part of the Agricultural Department. Steve you just came back from a bus to her. Youre conducting another one. Where did you go and what did you learn . Secretary perdue the first tour was in wisconsin. We opened the fair together, ....
Secretary perdue the Agricultural Department has a broad portfolio in the United States, certainly from producers, but from food nutrition for people who need who are hungry and need food. It creates food safety, it creates Marketing Programs for trade and many other aspects of the american economy, particularly dealing with farmers, ranchers, and anyone who eats. Steve there is a must of abraham a bust of Abraham Lincoln behind you. Secretary perdue he created part of the Agricultural Department. Steve you just came back from a bus to her. Youre conducting another one. Where did you go and what did you learn . Secretary perdue the first tour was in wisconsin. We opened the fair together, ....
The farm Credit System is higher capitalized to the Community Banks are higher capitalized going into this. One of the real fundamental differences is Crop Insurance. In the 1980s probably less than 5 of all crops were injured in the United States. That number is reversed and theres 95 that are. That makes a huge difference not only for our industry but for the producers to ensure that they will be around for the next season. We do thank you for that and it is a very critical part of what we do. Thank you. I appreciate that. As we go forward, and i hate to Start Talking about the next farm bill, i get a headache thinking about all the challenges we have, but this would be either import debate. We will need your v ....
Members for a shortterm debt ceiling increase. However, this is very far from a done deal. The market is reacting to the upside, but analysts that im talking to say this is mostly Short Covering by those who were betting that we would go right up to the debt ceiling. So this is a market you want to be extremely careful in. The Dow Jones Industrial average up 237 points. The nasdaq is up 73. A full 2 move. The s p 500 is up 27 points. And while our political leaders try to hammer out the deal, the shutdown and the debt threat is having a very real impact on average americans. Many are fearing about the loans that they have, their savings, their 401 k . So in the next 30 minutes, were going to answer your concerns and your questions. We already have some of them, but you can add to them by going to twitter and facebook facebook, askcnbc. Joining me is michael, president o ....