Republicans have proposed increasing work requirements for the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, as part of a spending deal.
The IRA, which aims to cut emissions across the U.S. economy, includes $20 billion to support farmers in implementing carbon-sequestering conservation practices on their land.
Bunge and other supply chain middlemen, including Archer-Daniels-Midland Co and Cargill Inc, have generally benefited from strong global crop demand and tightening supplies, with record profits last year.
U.S. President Joe Biden's administration has said Mexico's policy is not based in science, while the Mexican government claims it is consistent with USMCA regulation.