Senate Ag Committee heard from producers and industry leaders to better understand the ag economy

The Senate Ag Committee held a hearing earlier today to examine the agricultural economy, getting perspective from farmers, ranchers, and industry leaders.

Senator Roger Marshall of Kansas spoke with RFD-TV’s own Suzanne Alexander on the Farm Bill, big takeaways from the hearing, and a possible trade war.

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Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.
Lawmakers from Texas and Tennessee outline priorities for USMCA renegotiations, focusing on tariffs, China trade concerns, beef prices, and stability for U.S. agriculture.
Adequate transportation capacity exists, but fuel costs and soft river demand could widen basis risk.
Tight storage could widen basis and limit marketing flexibility.
Large carry-in stocks across major crops could limit price recovery in 2026/27 unless demand strengthens or weather-related supply reductions occur.
Formally dubbed “Farm Bill 2.0” by committee leadership, the draft surfaces after a high-stakes legislative dance that saw much of the traditional farm bill’s funding, specifically for crop insurance and safety net programs, carved out and passed in last year’s One Big Beautiful Bill Act (OBBBA).