Agriculture In-depth-- American Bankers Association VP on farm bill, technology for USDA, interest rates and more

Agriculture stakeholders had hoped to get a new federal farm bill written and passed in 2023. While that didn’t happen, United States President Joe Biden did sign a one-year extension that includes funding for farm programs and some food assistance programs through September 2024. Ed Elfman is the Senior Vice President of Agriculture and Rural Policy for the American Bankers Association. He talks about the importance of having a farm bill in place at the end of 2023, getting more money for USDA offices to upgrade their technology, interest rates and more.