Farm Credit today issued the following statement regarding the release of the Farm, Food and National Security Act of 2026 by the U.S. House Committee on Agriculture:

“Farm Credit applauds Chairman Thompson and the House Agriculture Committee for their work to produce the Farm, Food and National Security Act of 2026.  While H.R. 1 addressed certain agricultural needs, many policies were not addressed and remain stuck in 2018. It is critical that policies – especially those impacting credit availability – are updated to provide certainty and growth opportunities for farmers, ranchers and rural communities.

“The draft released today incorporates vital bipartisan marker bills that are important to Farm Credit and the producers we serve. Most notably, this draft legislation includes policies to modernize Farm Service Agency (FSA) loan limits and programs, expand access to credit for young and beginning producers, and strengthen rural communities by offering additional financing options for essential community facilities like hospitals and community care centers.

“With the U.S. farm economy and rural communities facing ongoing challenges, we cannot and should not wait to finish the Farm Bill. We urge the House Agriculture Committee to advance the Farm Bill 2.0 process to ensure these forward-looking policies are enacted in 2026. Farm Credit supports Chairman Thompson’s draft and looks forward to working with members on both sides of the aisle to secure passage.”