1. Short title
This Act may be cited as the “Livestock Risk Management and Education Act”.
Livestock Risk Management and Education Act
A BILL
To amend the Food, Agriculture, Conservation, and Trade Act of 1990 to direct the Secretary of Agriculture to make grants for the purpose of improving the farm management knowledge and skills of livestock producers.
2. Improving farm management knowledge and skills for livestock producers
The Food, Agriculture, Conservation, and Trade Act of 1990 is amended by inserting after section 1672E (7 U.S.C. 5925g) the following:
“1672F. Improving farm management knowledge and skills for livestock producers
“(a) In general—The Secretary shall make competitive extension and education grants for the purpose of improving the farm management knowledge and skills of livestock producers.
“(b) Selection criteria—In selecting grant recipients under this section, the Secretary shall give priority to applicants that—
“(1) demonstrate an ability to work directly with livestock producers;
“(2) collaborate with farm management educational programs and associations; and
“(3) include in such application a description of the curriculum the applicant is seeking to carry out to educate livestock producers on risk management through futures market participation and hedging strategies.
“(c) Administration—Paragraphs (4), (7), (8), and (11)(B) of subsection (b) of the Competitive, Special, and Facilities Research Grant Act (7 U.S.C. 3157(b)) shall apply with respect to the making of grants under this section.
“(d) Definition—In this section, the term livestock has the meaning given such term in section 1501(a) of the Agricultural Act of 2014 (7 U.S.C. 9081(a)).
“(e) Authorization of Appropriations—There are authorized to be appropriated to carry out this section $5,000,000 for each of fiscal years 2020 through 2023.”