While lawmakers work to meet their July 4th deadline, ag groups are still waiting on a Farm Bill. There is concern that the “Big, Beautiful Bill” could put that in jeopardy, but Farm Bureau says farmers cannot afford to wait much longer.
“As we continue to see crop prices falling, as we continue to see pressures from, whether it’s animal disease or crop disease or drought, we require support for our farmers, whether that’s price supports in down markets or continued research and innovation to make sure that farmers have the technology they need to sustain through hard times,” said Associate Economist Samantha Ayoub.
The reconciliation package tackles several key parts of the Farm Bill.
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By coupling operational agility with proactive tax planning under the One Big Beautiful Bill (OBBBA), family-owned operations can fully leverage expanded safety nets and emergency deductions to insulate themselves from market volatility and preserve operational equity for the next generation.
Producers should coordinate immediately with their CPA and legal counsel to ensure their corporate structures and operational realities are perfectly aligned before the September deadline.
Farm legal expert Roger McEowen joins us to discuss the importance of a traditional Farm Bill and his concerns over shifting policy approaches.