The cost of doing business is taking a toll on many family farms today. New legislation is aiming to better support the rural economy by lowering interest rates and making loans more accessible for farmers and ag borrowers.
Senator Roger Marshall, one of the co-leaders, joined RFD-TV’s Jennifer Vickery Smith to discuss what the act aims to do, the need for the legislation as farmers cope with current economic factors, growing pains with tariffs, and the Make America Healthy Again initiative.
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
