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
The U.S. Department of Agriculture (USDA) has announced a significant opportunity for landowners to review and potentially increase their base acres under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. For many operations, this represents the first opportunity in more than two decades to align farm program base acres with more recent planting history.
June 09, 2026
The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.
June 03, 2026
If you grow specialty crops, there’s a new USDA program worth your attention. The Assistance for Specialty Crop Farmers (ASCF) Program was designed to help producers navigate the financial pressure many faced in 2025. Rising input costs, ongoing inflation and market disruptions all contributed to tighter margins. This program offers a one-time payment to help offset those challenges.
June 02, 2026