Farm Bill to be Tied to Budget Reconciliation

To complete a farm bill in 2025, Informa Economics Washington analyst Jim Wiesemeyer expects the legislation will be tied to the budget reconciliation package. Under budget reconciliation, Senate Republicans only need a majority vote and Vice President J.D. Vance can break the tie. “On the House side, you still have those rebel Republicans who for some reason, like the deficit situation or some policy embodied in the budget reconciliation, will vote no,” said Wiesemeyer. “President Trump is going to knock some heads together to get it because he knows the Republicans have to deliver; they have to show that they can govern.” A significant increase in reference prices is anticipated for the farm bill. Wiesemeyer, who spoke at the American Sugarbeet Growers Association, said the sugar industry is looking for an increase in the sugar loan rate and an opportunity for revenue insurance for sugarbeets. Listen to RRFN’s interview.