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.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
September 26, 2025 01:36 PM
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Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
September 26, 2025 10:18 AM
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Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
September 25, 2025 01:07 PM
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Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
September 25, 2025 01:01 PM
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U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.
September 25, 2025 11:51 AM
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The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
September 25, 2025 10:46 AM
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