In the last few hours, the House has narrowly passed the “Big, Beautiful Bill” Act that extends tax breaks and boosts farm programs.
The reconciliation bill was again debated all night, this time before the full House. It passed by just one vote and made the 2017 tax cuts permanent, a major request from farmers and ag groups. This includes adjustments to the estate tax exemption, and it also includes SNAP reform, increases crop insurance, and commodity program spending. House Ag Committee Chair GT Thompson says the bill stops tax hikes, reigns in spending, and invests in rural America.
The bill now moves to the Senate. Thompson says once this bill is settled, he is eager to get to work on the Farm Bill, which addresses several issues not included in the reconciliation package. Those include farm loan limits and rules, action on the local ag market program, nutrition assistance incentives, and other rural development programs. Thompson says the remaining issues in the Farm Bill are now much easier to tackle with the larger issues now out of the way.
The government shutdown has touched nearly every sector of the ag industry since it began, and now impacts are spilling over into dairy.
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With China halting U.S. soybean purchases and talks tied to broader strategic issues, growers face renewed export uncertainty.
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Talks highlight the widening role of agriculture in U.S.–India trade policy, though neither side appears ready for major concessions before tariff issues and oil imports are resolved.
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Soybean farmer and Arkansas Lt. Gov. Leslie Rutledge highlights why the U.S. trade standoff with China is especially critical for Arkansas producers.
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National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
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The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
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