Rural Money: Business Planning for Farmers in Uncertain Times

Farm CPA Paul Neiffer shares his perspective on the uncertain outlook of federal farm relief and the Farm Bill, which may not materialize until the government shutdown ends.

PARKER, Colo. (RFD-TV) — As the government shutdown continues, a long-anticipated aid package for farmers is now on hold — delaying relief for producers already facing tight margins. The shutdown has also paused USDA reporting, fueling speculation about what this means for the future of the Farm Bill.

Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to share his perspective on the uncertain outlook for federal relief, noting that many in the industry expect progress to stall until the shutdown ends.

In his interview with RFD-TV News, Neiffer also weighed in on the status of renewable energy credits, many of which have expired or are set to expire soon. However, he explained that the solar tax credit still offers valuable opportunities for farmers over the next few years.

He also outlined the value of the credit and clarified how it can work alongside a REAP grant, helping producers offset installation costs and invest in long-term energy savings.

Neiffer emphasized that while the current environment poses financial challenges, thoughtful business planning and awareness of available programs can help farmers stay resilient until federal support resumes.

Related Stories
President Trump is expected to press Argentina to take a tougher stance on China in exchange for political and economic support.
Treat storage as risk management and logistics, and budget to break even since export growth is unlikely to absorb bigger U.S. corn and soybean crops.
For rural borrowers, freeing up community-bank balance sheets could mean steadier home loans, operating lines, and ag real-estate financing as winter planning ramps up.
The FAA’s proposed rule to allow drones to operate beyond visual line of sight (BVLOS) could soon revolutionize how farmers and ranchers manage their land.
Nick Andersen, Nationwide’s VP of Agribusiness Claims, shares tips for managing weather-related risks in agriculture using their new Hail and Wind Alert Program.
“Good flies? Is that like a good fire ant?” Miller said. “I don’t know what a good fly is. I don’t know if they’re afraid to kill house flies or stable flies, but I’m ready to kill the screwworm fly.”

LATEST STORIES BY THIS AUTHOR:

Experts estimate the flooding from Hurricane Helene caused more than $1.3 billion in damage to Tennessee agriculture.
Pressure to lower gas prices across the Golden State could be the saving grace of this year’s corn harvest. California may soon be the final U.S. state to approve E-15 sales.
Both Congressional Ag Committees took up the bill over the summer, but there’s no word on when the Senate could move forward; it does expire on September 30.