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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While the 2018 Farm Bill received an extension under the “One, Big, Beautiful Bill” Act, the National Pork Producers Council wants lawmakers to do more to support the sector.
Tight cattle supplies continue to drive lower beef output despite heavier weights.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
Federal lawyers submitted a brief this week backing Bayer’s argument that federal laws governing herbicides like Roundup should prevent lawsuits over the popular chemical.
Despite the need for swift action, many ag lawmakers and industry groups argue that farm aid alone will likely not be sufficient to help farmers without improved trade relations with China.
