House Committee on Agriculture Chairman Glenn “GT” Thompson (R-PA) says the One Big Beautiful Bill passed by Congress Thursday is a “game-changer for America.”
“The One Big Beautiful Bill is a victory for rural America, making the largest investment in agriculture in decades, restoring integrity to SNAP, and saving millions of family farms from the death tax. This bill gives President Trump the tools he needs to keep America safe, strong, and free.”
Agriculture groups rushed to send out press releases mostly in praise of the bill that will be signed by President Trump on the Fourth of July.
American Farm Bureau Federation President Zippy Duvall says the bill will bring certainty to America’s farmers and ranchers. “More than half of farmers are losing money, so an increase in reference prices is desperately needed, and tax tools will help farmers and ranchers plan for the next season and the next generation.”
National Cattlemen’s Beef Association (NCBA) Senior Vice President of Government Affairs Ethan Lane said, “This legislation will protect family farmers and ranchers from the devastation of the Death Tax, it will avoid a massive year-end tax hike that could have put cattle operations out of business, it expands and protects many of the small business tax deductions that family producers rely on to save more of the hard-earned money, and it funds critical foreign animal disease prevention measures that protect cattle health.”
National Corn Growers Association (NCGA) President Kenneth Hartman, Jr. says the legislation contains several important and longstanding priorities for corn growers, including the extension of key tax provisions and investments in commodity and trade promotion programs.
American Soybean Association President Caleb Ragland specifically noted the provisions included that secure key farm programs like crop insurance and tax provisions like the 45Z Clean Fuel Production Credit. “At a time of great uncertainty for the agriculture economy, the support of Congress to enhance key programs and vital domestic markets for our farmers is critical.”
Renewable Fuels Association President and CEO Geoff Cooper says the bill includes more certainty for ethanol producers. “The extension and modifications to the 45Z clean fuel production credit, reinstatement of the Research and Development immediate expensing provisions, and improvement of the 45Q carbon sequestration and utilization credit will provide a growth-oriented tax policy climate that ethanol producers can count on, improving the role that renewable fuels can play in helping reach our nation’s energy independence goals.”
U.S. Peanut Federation chairman Jamie Brown says peanut producers will benefit from specific provisions that would normally be in a farm bill, including an increase in the reference price for the Price Loss Coverage (PLC) program, a voluntary base acres update, a marketing loan increase, and modified payment limitations that reflect increased costs of production.
American Seed Trade Association (ASTA) President and CEO Andy LaVigne says all that is good but “there is still important work to be addressed in agricultural research, conservation, and other regulatory reforms and we urge Members of Congress to continue this forward momentum to address critical remaining regulatory and programmatic updates.”
National Farmers Union (NFU) President Rob Larew also praised the agricultural provisions in the bill, despite being paired with “harmful tradeoffs” such as cuts to SNAP, but added that, “A comprehensive farm bill policy is still urgently needed, one that strengthens rural communities, ensures fair markets, and reflects the full scope of challenges facing today’s farm families.”
