PARKER, Colo. (RFD News) — USDA has issued updated payment limitation rules under the “One Big Beautiful Bill,” with the changes set to take effect beginning with the 2026 crop year.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the new guidance and what it could mean for farm operations moving forward.
During his conversation with RFD News, Neiffer discussed changes to payment limitation rules for farm entities, adjustments to eligibility requirements and upcoming filing deadlines producers should be aware of ahead of the 2026 crop year.
Neiffer said the guidance includes several provisions that should benefit many farm operations and praised USDA’s approach to implementing the new law.
“This is one of the few times I’ve given USDA an A or an A-plus,” Neiffer said. “Based on what the rule said, and what they elected to do to implement it, I give them a thumbs-up.”
Additional USDA guidance and updated forms are expected in the coming weeks as producers prepare for the 2026 crop year.
Genevieve Collins from Americans for Prosperity discusses rising Texas property taxes, potential relief, and impacts on farmers, ranchers, and rural communities.
Autumn Lankford Higgins with the Farm Bureau joins us to discuss data center expansion on farmland, rural policy considerations, and the role of agriculture in emerging digital infrastructure.
New data from the Illinois Farm Bureau show that farm financial conditions are stabilizing, even as debt per acre and borrowing costs continue to climb.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
Jonathan Braley joins us to discuss rising cybersecurity threats in agriculture, the risks of ransomware attacks, and how Food and Ag-ISAC’s new guide can help businesses better protect themselves.
ASFMRA’s Skye Root joins us to discuss shifts in Western farmland markets, financial pressures facing producers, and the outside forces influencing land values and decision-making.
