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.
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