The Consumer Price Index (CPI) for food remains higher than pre-COVID-19 levels. Changes in Agricultural trade policy, including ongoing negotiations around the USMCA and new engagement between the U.S. and Chinese trade representatives, will continue to be key variables for select commodity markets and future farm profitability. New proposed legislation to modernize the H-2A agricultural guestworker program has been introduced in Congress. The Current Administration is seeking a new financial aid package to support the farm sector. The Senate is working on a new Farm Bill 2.0, but major disagreements with the Supplemental Nutrition Assistance Program remain the most contentious issue.