The House advanced President Trump’s “Big, Beautiful Bill” this week, which aims to extend a number of tax provisions set to expire at the end of the year, including the Section 199A Deduction.
American Farm Bureau Associate Economist Samantha Ayoub joined RFD-TV’s Tammi Arender to discuss what the provision entails, how impact it is for farmers, and the outlook for the deduction moving forward.
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Pressure to lower gas prices across the Golden State could be the saving grace of this year’s corn harvest. California may soon be the final U.S. state to approve E-15 sales.
Both Congressional Ag Committees took up the bill over the summer, but there’s no word on when the Senate could move forward; it does expire on September 30.
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
Tom Peterson with the New Mexico Cattle Growers Association says taxpayers are “unfortunate casualties” of this overlay now that the Mexican wolf population is stable under ESA guidelines.
