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House agriculture committee advances dairy priorities in farm bill

By Farms.com

The House Agriculture Committee's recent approval of the 2024 Farm Bill represents a significant milestone for the dairy sector. Spearheaded by Rep. Glenn “GT” Thompson, the committee's bipartisan approach demonstrates a commitment to addressing key challenges within the industry.

Key highlights of the House Farm Bill include the extension of the Dairy Margin Coverage (DMC) program, offering dairy farmers enhanced risk management tools through 2029. Additionally, the bill aims to restore fairness in milk pricing and encourages the consumption of nutritious milk in schools.

The bill allocates additional funds for critical dairy trade promotion programs and supports environmental stewardship initiatives by enhancing voluntary conservation programs. Increased funding for animal health programs further addresses current industry challenges, including the H5N1 outbreak.

The House Agriculture Committee's approval of the Farm Bill reflects bipartisan cooperation and acknowledges the diverse needs of dairy producers nationwide. As the legislative process progresses, the bill's passage lays a foundation for future agricultural policy developments, emphasizing industry resilience and support.


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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.