Congress has a big agenda this year between budget talks, the Farm Bill, and various other ag policy concerns. However, the American Farm Bureau says action on tax policy should be a top priority, starting with the estate tax.
“Families are already going through a very difficult time when they lose a loved one and are passing the farm on, and so, this adds an additional burden of trying to come up with up to 40 percent of your farm’s value to pay the IRS. Most of farm assets come from non-liquid assets, mainly land. So, as land becomes more valuable, even when farms are facing losses, they’re now being pushed above that exemption level due to rising land values,” said Samantha Ayoub.
The Farm Bureau says at the end of the day, it all comes down to giving farmers and ranchers certainty, adding without permanent changes, farmers and ranchers are at risk.
March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
April 14, 2026 03:45 PM
·
Lane Howard and Adam Andrews with the National Corn Growers Association joined us in the studio discuss EPA’s approval of summer E15 sales, ongoing fuel market concerns, and the industry’s push for a long-term biofuels solution for farmers.
April 14, 2026 01:09 PM
·
Labor supply may shift, but uncertainty remains for producers.
April 14, 2026 08:00 AM
·
U.S. Secretary of Agriculture Brooke Rollins announced the availability of over $275 million in grant funding in FY2026 for the specialty crop industry in the United States through three USDA programs.
April 13, 2026 03:37 PM
·
While the Farm Bill is top of mind right now, it is far from the only issue getting attention in Washington.
April 13, 2026 01:49 PM
·
Lewie Pugh, with the Owner-Operator Independent Drivers Association, discusses EPA DEF system changes and what they mean for the supply chain and fuel costs.
April 13, 2026 12:49 PM
·
