Overnight, the House Ag Committee released details of the legislation in preparation for a mark-up later this month.
House Ag Committee Chair GT Thompson has issued a title-by-title summary of the legislation, following extensive discussions with members from both parties and farmers. Key provisions include boosts in PLC and ARC, significant increases in MAP and FMD, and improved credit access for farmers.
Additionally, the Bill aims to restrict executive authority over SNAP. Meanwhile, Senate Ag Chair Debbie Stabenow is anticipated to unveil a comprehensive Bill.
The full 5 page document can be found here:
The 2024 Farm Bill — Title-By-Title DocumentRelated Stories
Farm programs remain small but politically easier to expand.
Pat Hord with the National Pork Producers Council joined us to recap producer meetings in Washington and discuss key policy priorities including Prop 12 and agricultural labor.
March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
While the Farm Bill is top of mind right now, it is far from the only issue getting attention in Washington.
The sugar policy debate affects prices, trade, and farm stability.
More Farms File for Bankruptcy As Strong Farm Loan Demand Boosts Bank Earnings