Farm groups celebrate President Trump’s “Big, Beautiful Bill”

Several ag groups scored a big win over the long weekend as Congress met their deadline for the “Big, Beautiful Bill,” with President Trump signing it into law on Independence Day.

It was touch-and-go for a large portion of last week, with lawmakers scrambling to make deals as the clock ticked down. The Farm Bureau had long backed the bill, and the group says engaging with lawmakers made all the difference.

“They described the current agricultural economy, the toll of extreme weather events that they’ve seen as of late, and the ongoing challenges of keeping farms in the family. First-hand accounts remind lawmakers just how important it is to ensure that there is support for farm and ranch families in this legislation,” said the Farm Bureau’s Emily Buckman.

Other ag groups are also celebrating the bill’s passage. The National Pork Producers Council thanked both congressional ag committees for their work on the bill. They say several key areas were addressed, like foreign animal disease prevention, as well as maintaining market access for U.S. pork, which includes $286 million for a supplemental ag trade promotion program.

NCBA is also weighing in, saying the tax breaks in the bill will help keep farmers on the job. Some provisions include an increase to the death tax exemption at $15 million per individual and $30 million per couple. Farmers can save on equipment as well as the bill will allow farmers and ranchers to deduct up to $2.5 million in equipment expenses.

Related Stories
RFD-TV Farm Legal and Tax Expert Roger McEowen with the Washburn School of Law dives into a “potpourri” of ag tax and law-related issues in his latest Firm to Farm blog post.
RFD-TV Farm Legal and Taxation expert, Roger McEowen, with the Washburn School of Law, joined us Monday to break down the changes and explain what producers should know.
Beginning Farmers and Ranchers, Crop Insurance, and a Business Planning Complication
The Big Beautiful Bill has the potential to keep rural residents living and operating in their home communities.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
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.
Understanding the Big, Beautiful Bill’s complex impact on SNAP benefits – that’s the topic of today’s Firm to Farm blog post by RFD-TV’s legal expert, Roger McEowen.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report for a closer look at how Trump’s Big, Beautiful Bill changes to base acres and potential impacts on future ARC and PLC payments.