All eyes are on Washington, DC, and what will happen with President Trump’s “Big, Beautiful Bill.”
The National Cattlemen’s Beef Association says they are eager to get the budget settled. They are asking Congress to pick up the pace and pass the House reconciliation package. NCBA says the House plan holds crucial tax relief efforts that will allow ranchers to keep more money, while also ramping up protections against foreign animal diseases.
The organization hopes Congress will send the bill to the President’s desk as soon as possible.
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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
