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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Mizer who wrote (4267)3/2/1999 11:24:00 PM
From: C.K. Houston  Read Replies (2) | Respond to of 9818
 
THE FOOD SUPPLY: WILL THE CUPBOARDS BE BARE?
United States Senate Special Committee on the Year 2000 Technology Problem
Statement of The American Farm Bureau Federation
Presented by Ken Evans, President - Arizona Farm Bureau Federation

========================================================

ARE FARMERS AND RANCHERS SECURE?

Without power, there would be no water, no sanitation facilities, no access to gasoline or fuel, no light or heat, no grocery store access, no access to banks or ATM's, no airline travel or railroad transportation. Cows don't get milked without power and a cow that needs to be milked that isn't, is not a happy camper. For that reason, this sector has spent billions of dollars to insure that they are compliant.

Unfortunately, small REA's that serve rural America are the ones least capable of paying the huge costs associated with insuring Y2K compliance. Because of their high dependency on energy, farmers are particularly susceptible and vulnerable to massive power failures.

Telecommunication failure poses the second greatest risk to America's farms and ranches.


A disruption in this infrastructure sector would wreck havoc with the billions of dollars a day lost in U.S. and international agricultural commerce.

Farmers would be particularly vulnerable because of the perishable nature of some crops and the amount of electronic communications associated with daily business activity. This is particularly true for the Sunbelt states that are at the peak of commercial activity in midwinter. From wiring orders to electronic receipt of funds, telecommunications is the fabric that holds agricultural commerce together as we enter the next century.

Equipment failure caused by embedded chips pose another very real but unseen problem for America's farmers and ranchers. We are particularly vulnerable because of our remoteness and the lack of technical support in many rural communities. Discovering this problem also may take much longer on farms because of the seasonal nature of the use of some equipment ...

But, to be forewarned is also to be forearmed, and there are many practical things that can be done to protect a family farm against this upcoming glitch.

HERE ARE THE BEST IDEAS FOR FARMERS AND RANCHERS TO FOLLOW:

1) Contact your local farm equipment dealer this fall and learn what suppliers are currently saying about the problem. Ask specific questions concerning your specific purchases. ''Will my tractor have a problem? Is it Y2K bug resistant? How do you know?''

2) Develop a potential alternative source of heat and light over the next 300 days. Keep your fireplace, wood stove and flashlights in good operating condition. Make sure the diesel fuel tank is full and your tractor-powered electric generator is in good working condition, too.

3) Secure and file hard copies of important documents. This list includes birth certificates, marriage licenses, religious records, social security cards, as well as deeds/titles/mortgages/loan agreements.

4) Ask the Social Security Administration for an official copy of your lifetime earnings and payroll taxes paid. This transaction can be completed over the Internet with the information sent to your home within several weeks.

5) Retain loan statements showing exactly what you owe, including credit card statements and tax returns.

6) Build-up a short-term supply of water. Not just for drinking and cooking, but for ''flushing and brushing'' too.

7) Stockpile some food and common household goods. Canned and non-refrigerated food is best since it will last the longest. Also remember toilet paper, paper towels, hygiene products, soap, shampoo, batteries, matches and candles.

8) Prepare an emergency medical kit. The basics include aspirin, bandages, salve, prescription medicine, etc.

9) Keep some cash on hand, just in case your credit cards or checking account is temporarily unavailable.

Once again, this analysis is not meant to scare anyone. Farm Bureau members are accustomed to asking such questions and purchasing such essential items in advance. The idea here is to make sure these purchases are done ahead of 01/01/2000 ''just in case.''
senate.gov