The House Ag Committee passed its version of the Farm Bill during the last Congress, but it gained no traction in the Senate. Now, cotton growers are paying attention as this session gets underway.
“And so I think there’ll be some really unique demographics that get to really parlay together, really work together, and come together more so than some of the dynamics we saw going into the end of the 118th and the new 119th Congress that is just now getting started. There’s a lot of appetite, I would say, to really come together, and work together to enhance the policy that we have on the books today,” said Plain Cotton Growers CEO Kody Bessent.
Bessent also points to tax reform as another area they want to be addressed. The 2017 tax cuts will sunset later this year, leaving much of the ag community waiting for answers. President-elect Trump has said extending those cuts will be his top priority this year.
Congress has just over a month of working days left for the year. Plan for uneven USDA service until funding is restored, and closely monitor Farm Bill talks, as avoiding Permanent Law before January 1 is the single biggest risk to markets and milk prices.
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Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.
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Estate tax relief reduces pressure, but succession planning remains the critical challenge for farm families.
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California rancher and former NCBA President Kevin Kester joined House Republicans on Tuesday to tout provisions in the Big, Beautiful Bill that support family ranches.
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Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
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