Lawmakers are in the process of shaping one of the biggest legislative packages moving through Congress this year: the 2023 Farm Bill.
Few Americans are farmers, yet the bill still has a big impact on the rest of us.
“Anybody who eats or wears clothes that are generated from natural fibers, is actually touched by the farm bill,” said Amy Hagerman, an assistant professor at Oklahoma State University and a state extension specialist for agriculture and food policy.
Congress renews the farm bill about every five years to set the stage for our food and farming systems — including what crops farmers plant.
The bill controls how billions of taxpayer dollars are used to set up crop insurance, fund crop subsidies and agricultural research to assist food production, as well as invest in sustainable agricultural practices. It also maintains food assistance programs like the Supplemental Nutrition Assistance Program, which supports nearly 42 million Americans.
The farm bill consists of about a dozen sections called titles, and the Congressional Budget Office estimates the 2023 Farm Bill will cost about $709 billion over the next five years — the most expensive on record. Much of that money is spent on four major titles: nutrition, crop insurance, commodities and conservation.
With the $31 trillion debt ceiling crisis looming over lawmakers, agriculture policy experts say the cost of programs will drive farm bill 2023 policy discussions.
“There will be intense conversations around those different priorities,” Hagerman said.
A divided Congress, with Republicans having a slim majority in the House and Democrats in the Senate, sets the stage for tough negotiations as the Sep. 30 deadline approaches, and the 2018 Farm Bill expires.
Source: missouribusinessalert.com
Categories: Missouri, Crops, Government & Policy, Sustainable Agriculture