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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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.
