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
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
Assistance for losses due to flooding and wildfire on non-federally managed land

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.