Champions of Rural America: Iowa Congressman Outlines ‘Big, Beautiful Bill’ Benefits for Agriculture

Rep. Randy Feenstra, R-IA, details how the “One, Big, Beautiful Bill” Act (OBBBA) supports farmers, biofuels, and rural communities with tax breaks, crop insurance relief, and ag infrastructure.

WASHINGTON, D.C. (RFD-TV) — Rep. Randy Feenstra, R-IA, and member of the Congressional Western Caucus, has been advocating for crop farmers, livestock producers, and the biofuels industry since taking office in 2021. He serves on the House Agriculture and Ways and Means Committees and has focused on legislation supporting rural communities.

On this week’s Champions of Rural America, Feenstra joined us to discuss his work on the “One, Big, Beautiful Bill,” Act (OBBBA), which included measures benefiting farmers such as a $15 million estate tax exemption, lower crop insurance costs, increased reference prices for corn and soybeans, and immediate expensing for new farm facilities. He emphasized that lawmakers also earmarked funding to invest across all sectors of the ag industry—from improving biosecurity to prevent the spread of foreign animal diseases to supporting tax incentives for farm equipment and infrastructure.

While Feenstra highlighted the bill’s benefits, he stressed the importance of passing a comprehensive Farm Bill to secure conservation and research funding, improve export markets, and ensure refrigeration for dairy, cattle, and hogs. He also explained the importance of protecting American farmland from foreign adversaries, for example, the recent move to add phosphate and potash to the list of critical minerals to strengthen domestic fertilizer production.

In closing, Feenstra highlighted rural America’s vital role in feeding the world, producing domestic energy, and supporting the biofuels industry.

Related Stories
UNL Animal Science Ph.D candidate Anna Kobza joined us on Tuesday’s Market Day Report to share her agriculture story and tips for other producers hoping to share their ag stories online or with the media.
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Mother-daughter RanchHER duo, Lyn and Sherrie Ray, joined us on Wednesday’s Market Day Report for a sneak peek at tonight’s brand new episode of FarmHER + RanchHER.
With new renewable volume obligations announced this year, the Iowa Soybean Association says they’ll be vital to a farmer’s bottom line.
The 2022 Census of Agriculture revealed a more than 30% decrease in U.S. dairy farms since 2017. The shrinking industry is now uniting to advocate for itself while also adopting technology to reduce operational strain.
The September WASDE report comes out on Friday at Noon ET. As always, we’ll bring you those numbers right here on Market Day Report along with our expert
Heritage Cup Begins Sunday, September 14th at 10 AM ET
The Supplemental Nutrition Assistance Program (SNAP) was once again on the national stage, front and center this week before the House Agriculture Committee.