Farm Bill 2024 News Update. Top staff from the house and senate ag committees continue their private talks this week on a possible new farm bill, while lawmakers prepare to approve a stopgap. An escalator clause in the current farm bill allows for an increase in reference prices given current market conditions, with an official list of prices released by the usda farm service.
Farm bill makes progress but key hurdles remain. An escalator clause in the current farm bill allows for an increase in reference prices given current market conditions, with an official list of prices released by the usda farm service.