The Senate passed a resolution over the weekend that brings President Trump’s agenda one step closer to reality.
It is part of a bigger move that would help move forward the reconciliation process and could reauthorize important ag tax cuts.
Several amendments were voted down, including a measure that would have limited the impact of tariffs. Another amendment would have protected areas like SNAP.
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Producers with eligible 2023 or 2024 disaster losses now have through Sept. 30 to apply and additional options for documenting quality-related losses.
For farmers and ranchers, the combination of expanding export opportunities, uncertain Chinese demand, and unpredictable weather will continue to shape markets heading into the months ahead.
