Congress Must Pass the Farm Bill to Ensure the Continued Strength of the U.S. Agriculture Industry

As we mark National Agriculture Week, while agriculture, food, and related industries contribute roughly $1.420 trillion to the U.S. gross domestic product, American farmers face daunting challenges in providing a stable and affordable food supply to our nation. For this reason, we must advance an updated and effective Farm Bill. The U.S. Department of Agriculture’s most recent Farm Sector Income Forecast reflects the acute need to act, reporting an anticipated 25.5% decrease in farm income from 2023, one of the largest year-to-year dollar reductions in net farm income on record.