Markets & Management

Just before Thanksgiving and just in time, Congress passed a stop-gap funding bill that averted a government shutdown. That bill also included language to extend the current Farm Bill, which was established in 2018, until October 2024. With Farm Bill legislation set to renew every five years, House and Senate Agriculture Committee Chairs Glenn Thompson and Debbie Stabenow began negotiations to draft a new Farm Bill nearly a year ago. However, with upheaval in Congress and other issues taking precedence right now, it became clear earlier this fall that time was running out to get the new bill to the finish line before December 31 when the programs authorized under the Farm Bill would expire.

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