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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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.
“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.”
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The American Farm Bureau Federation (AFBF) is urging Congress and the Trump Administration to act quickly on behalf of American agriculture.
Escalating U.S.–China tensions threaten soybean demand as farm finances are stretched further.
