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
Corn and soybean exports continue to anchor weekly inspection totals, with China maintaining a visible role, while wheat and sorghum remain more dependent on regional and seasonal demand shifts.
Roger McEowen, with the Washburn School of Law, offers an in-depth look at two of the top legal issues of 202. Today, he walks through last year’s Waters of the United States (WOTUS) ruling and “lawfare.”
Lewis Williamson of HTS Commodities joined us with an update on the historic winter storm impacts and his outlook on today’s ag markets.
Marilyn Schlake with the UNL Department of Agricultural Economics joined us for a closer look at the evolving role of livestock sale barns.
Rail continues to carry a larger share of the grain load, increasing sensitivity to rail capacity, labor, and pricing conditions.
RFD NEWS correspondent Frank McCaffrey recently spoke with Dr. Mike Vickers, a South Texas rancher, who says illegal border crossings have dramatically declined in the last year.
New rule speeds leasing and permitting for federal oil and gas development
Auction manager and West Texas A&M University student Presley Graves joined us to discuss the growth of StockShowAuctions.com and its impact on youth in agriculture.
Texas Farm Bureau President Russell Boening joined us with the latest update on storm conditions and impacts across the state.

Marion is a digital content manager for RFD-TV and The Cowboy Channel. She started working for Rural Media Group in May 2022, adding a decade of experience in the digital side of broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
Egg prices have been on a roller coaster this year, soaring sky-high and falling back down to Earth in just a few months.
Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
The 4-H Nature Explorers Camp embodies the spirit of learning, leadership, and community!
Thu, 9/14/23 – 10 PM ET | 9 PM CT | 8 PM MT | 7 PM PT