House panel advances farm bill

The House Agriculture Committee advanced a new farm bill with bipartisan support by a 34-17 vote. The bill will proceed to the House floor for a full vote.

Legislation Details: The Farm, Food, and National Security Act of 2026 (H.R. 7567)—introduced last month by House Agriculture Committee Chairman Glenn Thompson (R-Pa.)—builds on ag investments made last summer in H.R. 1.

ICBA View: In a national news release, ICBA President and CEO Rebeca Romero Rainey said ICBA supports passage of the farm bill with further modifications, urging lawmakers to alter the expansions of the Farm Credit System’s authorities to engage in broad nonfarm financing activities.

ICBA Farm Advocacy:

• In a letter last week to committee leaders, ICBA said it strongly supports passage of a farm bill that protects producers, strengthens rural communities, and ensures a balanced agricultural credit system, but it opposes any expansions of FCS financing for nonfarm purposes.

• ICBA last month urged Congress to pass an additional farm economic assistance package one to two times larger than the $12 billion announced by the administration in December.

• ICBA and 60 farm groups last month expressed opposition to crop insurance cuts during the budget process.

• ICBA and other groups in October urged President Donald Trump to provide financial assistance to farmers as a bridge until market demand for agricultural commodities boosts prices.

• ICBA in October sent a letter to the Treasury and Agriculture departments urging the administration’s support for a farm aid package as large or larger than the $10 billion package adopted by Congress last year.