Farm Bill 2024 Hemp Update. In the latest draft of the $1.5 trillion farm bill, congress republicans propose spending $50 billion over the next decade to raise price floors for major agricultural products. The farm bill is a huge, complex piece of legislation that renews every five years.

Discover the latest updates in the 2024 farm bill, including key wins for the hemp industry and looming threats from potential amendments. An update on the farm bill’s progress through the house and the deleterious mary miller amendment regarding hemp derivatives.