Proposed Farm Bill Changes Target Farm Finances and Risk

Farm Bureau Economist Faith Parum discusses the latest Farm Bill proposal and the path ahead for Congress and U.S. agriculture.

Gail_Starkweather_10_22_15_USA_IA_Starkweather_Farm_033.jpg

Starkweather Farm in Iowa (2015)

FarmHER, Inc.

NASHVILLE, TENN. (RFD NEWS) — The House Agriculture Committee released its 800-page draft proposal as lawmakers continue work on the next Farm Bill, which includes several updated provisions now under review across the agricultural sector. Many producers are closely examining the draft as they consider how potential changes could impact their individual operations.

House lawmakers are preparing to rewrite the farm safety net, with markups of the “Farm Bill 2.0" draft scheduled for next week, and the biggest impact for producers may be on cash flow, borrowing ability, and risk protection starting this season.

The proposal updates ARC and PLC support programs with higher reference prices and additional base acres while strengthening standing disaster programs. It also allows faster payments and broader eligibility, especially for specialty crop operations. Lawmakers also want standing authority to deliver emergency aid through state block grants rather than waiting for Congress to pass relief each time markets collapse or weather disasters strike.

Credit provisions raise USDA loan limits, allow refinancing of distressed guaranteed loans into direct loans, and expand access for beginning farmers and transitioning operations. At the same time, crop insurance would broaden coverage options and create new policies for crops that historically struggled to obtain actuarially sound protection.

Taken together, the changes aim to stabilize farm balance sheets after several years of margin compression and working capital drawdowns.

If approved, the proposal would shift federal support toward predictable, pre-authorized risk management rather than ad hoc relief payments—a major structural change in how farm downturns are handled. Markup begins Monday in the House Agriculture Committee.

Farm-Level Takeaway: The new Farm Bill focuses on keeping producers financeable — protecting collateral, improving loan access, and making risk protection more predictable.
Tony St. James, RFD NEWS Markets Specialist

American Farm Bureau Federation (AFBF) economist Faith Parum joined us on Thursday’s Market Day Report to help break down what the proposal could mean for farmers and ranchers. She joined the program while attending the USDA Agricultural Outlook Forum, where she shared an update on how the event has been unfolding.

In her interview with RFD NEWS, Parum discussed how the draft may affect producers and outlined the next steps in the legislative process. \

Parum also explained why Congress is pursuing a full reauthorization of the Farm Bill, despite extensions of the 2018 legislation and updates to farm programs included in the “One Big Beautiful Bill” Act (OBBBA).

USDA Rolls Out $1B in Early Aid for Specialty Crops Ahead of Potential Farm Bill Provisions

Specialty crop growers may not have to wait for a new Farm Bill to see financial relief. The U.S. Department of Agriculture (USDA) is rolling out new assistance aimed specifically at specialty crop producers not included in the Farmer Bridge Assistance Program, providing early support as growers continue to face volatile markets and high input costs.

AFBF Director of Government Affairs John Walt Boatright says it is still too early to assess the program’s full impact until USDA releases additional details on how the assistance will be distributed.

“This will be the program that is used to disseminate up to $1 billion of a $12 billion package on bridge payments for growers dealing with volatile markets,” Boatright said. “We also know that they will base these payments on reported 2025 planted acres, and that has a deadline associated with it of March 13.”

While some specifics are still forthcoming, Boatright emphasized that now is the time for producers to take action to ensure eligibility. He encouraged growers to work through the Farm Service Agency to confirm their information is up to date.

“Where there will be details associated with that, and they have a list of eligible specialty crops,” Boatright added. “The first action is to make sure that you grow an eligible crop. Make sure to go on there and see if you have reported 2025 planted acres. Work with your local FSA office to report that by the deadline of March 13.”

According to Boatright, the aid is intended to help offset market disruptions, high input costs, and inflation. However, some farm groups argue that the $1 billion allocated for specialty crops may not be enough to fully address producers’ needs.

Related Stories
Securing Critical Water Resources for South Texas Agriculture
Clearer 45Z rules favor U.S. oilseeds, but final RFS volumes remain critical to locking in demand.
Clear right-to-repair guidance reduces downtime, repair costs, and operational risk.
Tennessee State Veterinarian Dr. Samantha Batey joined us with the latest on biosecurity efforts and the state’s new “Know Before You Show” initiative.
Texas Agriculture Commissioner Sid Miller discusses the state’s latest efforts to prevent the New World screwworm from reaching Texas.
Winter Weather And Markets Reshape Agriculture Nationwide This Week
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
House Agriculture Committee Chairman “GT” Thompson is pushing a “Farm Bill 2.0.”
Falling livestock prices, combined with higher input costs, continue to squeeze farm profitability heading into 2026.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Gretchen Kuck of the National Corn Growers Association joined us to discuss the Ag Coalition for USMCA’s report findings and expectations ahead of the upcoming USMCA review.
The agreement formalizes coordination between the two departments to address security concerns affecting U.S. agriculture.
Strong corn exports offer support, while soybeans and wheat remain weighed down by ample global supplies, according to the USDA’s latest WASDE report for February.
Higher livestock prices reflect resilient demand, even as disease and herd shifts reshape 2026 supply expectations.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
RealAg Radio host Sean Haney outlines the Trump Administration’s current trade priorities and what meaningful market expansion looks like for farmers.