Farms.com Home   Ag Industry News

Farmers demand action on critical farm bill

By Farms.com

In a remarkable show of solidarity, the farming community is vocally advocating for the farm bill's swift passage through Congress. Recognized as a lifeline, the farm bill encompasses vital provisions that aid farmers in managing the unpredictable nature of agriculture, thereby safeguarding the nation's food resources.  

The call for an updated farm bill resonates deeply, with the agriculture sector seeking legislation that mirrors the advancements and shifts witnessed in the past five years. 

The farm bill stands as a testament to the government's commitment to agriculture, offering mechanisms that mitigate the risks faced by those in the field. This year, the rallying cry for the bill's passage has been amplified by over 10,000 appeals to legislators from agriculturalists spanning the country.  

This widespread participation underscores the collective desire for a farm bill that not only addresses current needs but also lays the groundwork for agricultural resilience. 

The momentum behind the farm bill campaign is a testament to the strength and unity of the agricultural community. Farmers and ranchers are encouraged to lend their voices to the cause, sharing personal narratives of how the farm bill has facilitated their operations and the enhancements they hope to see.  

This grassroots movement aims to ensure that the farm bill remains responsive to the dynamic nature of farming, providing a framework for growth and sustainability within the sector. As the push for legislative action continues, the agricultural community stands united in anticipation of a farm bill that will continue to support the backbone of America's food system.


Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!