KENNEWICK, Wa. (RFD-TV) — One of the key elements of the “One Big Beautiful Bill” Act (OBBBA) is the introduction of Trump Accounts, designed to provide farm families with a tax-advantaged way to build and transfer wealth to the next generation.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to share insight into what these new accounts could mean for producers.
In his interview with RFD-TV News, Neiffer explained the details of the accounts, including how they could serve as a long-term savings and investment vehicle within the agricultural sector. When asked whether these accounts are a good deal for farmers, Neiffer noted that their benefits will depend on final implementation details and how producers structure them alongside existing financial plans.
Switching gears, Neiffer also discussed this week’s Supreme Court hearing on President Trump’s tariffs, which drew national attention. He shared key takeaways from the arguments and what the timeline could look like as the Court reviews the scope of presidential authority on trade policy.
One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
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These “USDA Foods” are provided to USDA’s Food and Nutrition Service (FNS) nutrition assistance programs, including food banks that operate The Emergency Food Assistance Program (TEFAP), and are a vital component of the nation’s food safety net.
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