Farm Bill Extension Remains a Possibility

The Republicans have a slim majority in the House and a very tight margin is in the Democrat’s favor in the Senate. Compeer Financial Chief Mission and Marketing Officer John Monson says that will influence the farm bill debate. “I don’t sense that given the dynamics in place right now, that we’re gonna see a major shift in policy perspective,” Monson told RRFN. “It just seems to me that the path of least resistance is more of an extension of the current farm bill at least for a year, if not longer.” Monson says there will be different dynamics at play during the upcoming session. “The nutrition title will cost 85 percent of this next farm bill of $1.3 trillion. That’s going to be a big task.”