After nearly three years of short-term extensions, Congress is once again debating and drafting comprehensive farm legislation. In May, the House passed the Farm, Food, and National Security Act of 2026 (H.R. 7567), while in late June Senate Agriculture Committee Chairman John Boozman (AR) released the Agricultural Act of 2026, a “discussion draft” providing the Senate a starting point for negotiation with other committee members.
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Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
June 4, 2026
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The Agricultural Resiliency Against Tariffs Program was recently appropriated $30 million to provide payments directly to agricultural producers. These payments range from $1,000 to $25,000 per entity. Timing is of the essence as there is an application process that currently runs through August 11.
July 01, 2026
Effective with the 2026 crop year, USDA has updated payment limitations and eligibility rules. This change modernizes how benefits are calculated and who qualifies, providing more flexibility for today’s farm operations.
June 30, 2026
From strategic conversations with leadership to navigating an evolving risk environment, no two days look the same for Farm Credit East Internal Audit Director and young professional, Daquan Holmes. Read on to understand a typical week for an internal audit director, the value in collaboration, and how his work helps support a safe and sound organization for the long term.
June 22, 2026
You may occasionally receive letters or postcards referencing your mortgage or home-related services. While these communications can appear legitimate, they are often sent by companies that are not affiliated with your lender and are intended to prompt a response or payment.
June 15, 2026