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FARM Act Part II
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FARM Act Part II

The FARM Act is essentially part of the Continuing Resolution that will be passed this week to keep the "lights" on

Paul Neiffer's avatar
Paul Neiffer
Dec 18, 2024
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Farm CPA Report
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FARM Act Part II
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the capitol building in washington d c on a sunny day
Photo by Chad Stembridge on Unsplash

The text of the Continuing Resolution was finally released yesterday, all 1,547 pages. As expected, there is economic assistance for farmers that essentially incorporates the FARM Act that we have previously posted on.

Here are the key details and the differences from the original FARM Act:

  • The same 8 crops are specifically identified (corn, wheat, soybeans, cotton, rice, peanuts, oats and barley).

  • You will be paid on total 2024 planted acres by crop plus 50% of prevent planted acres by crop.

  • You will receive a payment based on the GREATER of:

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