More Farm Bill Details Released

House Agriculture Committee Chair Glenn ‘GT’ Thompson has released a title-by-title summary of his farm bill. It increases support for the Price Loss Coverage and Agriculture Risk Coverage programs to account for inflation and rising production costs. It reallocates Inflation Reduction Act conservation dollars to increase the investment in the conservation title. Regarding crop insurance, Thompson’s bill will expand premium assistance for beginning and veteran farmers. The full text of the legislation will be released on Friday and marked up in the committee on May 23.