GTR Times

Congressman Trent Kelly from Mississippi has introduced the Farmer Assistance and Revenue Mitigation Act of 2024, known as the FARM Act. This bipartisan legislation aims to support American farmers when their revenue drops below production costs due to uncontrollable circumstances.

Kelly highlighted the challenges faced by farmers, including natural disasters, inflation pressures, and droughts. These factors have hindered their access to financing. "The FARM Act will bridge the gap, providing relief so that our farmers can continue to do their best—feed the nation," he stated.

The act has received backing from major agricultural organizations such as the American Farm Bureau Federation and others. It targets a variety of crops including barley, corn, cotton, soybeans, and wheat among others.

As Congress discusses long-term solutions in the upcoming 2025 Farm Bill, this act provides immediate assistance to farmers facing rising costs and market difficulties.

The bill's original co-sponsors include a diverse group of representatives from various states such as Georgia's Sanford Bishop and Julia Letlow from Louisiana. For more details or to co-sponsor the act, interested parties are encouraged to contact Semaj Redd via email.