2024 Farm Bill News. Department of agriculture this month, net farm income is expected to decline 4.1% for 2024 after falling 19.4% in 2023 from the. Farm bill progress on the next farm bill was mired during the 2024 presidential election cycle and the announced retirement of senate ag committee chair debbie stabenow.
“action on the farm bill has been deadlocked for months by disagreements over snap funding, higher crop subsidy spending, and climate mitigation. Lawmakers on the house and senate agriculture committees have released competing frameworks for the 2024 farm bill.