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
New data from ag-tech company Bushel suggests younger producers are beginning to play a larger role in farm decision-making across the country.
The campaign helps support students attending National FFA Convention while funding local chapters and scholarship opportunities.
CECU President and CEO Jason Altmire discusses rural workforce shortages, technical skills, and why hands-on labor remains critical despite AI growth.
Senate Majority Leader John Thune says senators are trying to align the E15 effort with broader Farm Bill negotiations as producers continue grappling with weak farm income and elevated costs.
Trey Myers and T. Wayne Williams discuss lessons learned on the road and what continues inspiring students across the country.
Soybeans accounted for nearly half of the $15 billion in losses on U.S. ag exports to China due to tariffs, according to researchers at North Dakota State University.

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:

The topic of this Firm to Farm blog post by RFD-TV agri-legal expert Roger McEowen is a potpourri of legal issues facing farmers and ranchers—farm bankruptcy, sovereign immunity, farm leases, and pipeline damages.
FarmHER to premiere on Tuesday, March 19th at 9 p.m. ET with 6 New Episodes; and RanchHER to premiere on Tuesday, April 30th at 9 p.m. ET with 6 New Episodes
Mon, 3/4/24 – 8 PM ET | 7 PM CT | 6 PM MT | 5 PM PT
What can these facilities do to protect themselves? I wrote about this issue last spring, and since that time, the U.S. Court of Appeals for the Eighth Circuit has issued a significant opinion. That makes an update in order.