Status Of Farm Bill 2024. The current farm law, the agriculture improvement act of 2018 (2018 farm act), was signed on december 20, 2018. Thompson releases farm, food, and national security act.

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. Discussion draft text of the farm, food, and national security act of 2024 here.