US HOUSE AND SENATE RELEASED FARMBILL FRAMEWORKS

(BLOOMINGTON) Agriculture committee leaders in the U.S. House and Senate released their Farm Bill frameworks last week, which provide for expansion of crop insurance coverage and enhanced credit resources for beginning farmers, and fold $14 billion in federal climate-smart dollars into the conservation title baseline. However, the clash continues over nutrition funding and where to install the guardrails when it comes to reallocating the Inflation Reducation Act conservation dollars into the Farm Bill. While lawmakers extended the reauthorization of the Farm Bill by a year to September, the House Ag Committee is now scheduled to mark up their verson later this month, May 23rd.