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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Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.