Duval Farmers Need Stepped-Up Basis To Remain

American Farm Bureau President Zippy Duval pushed back against the Biden Administration’s stance that most small family farmers will escape a proposed capital gains tax to replace the stepped-up basis. Duval disputed the White House’s claim that a $2 million per couple exclusion on the gain on farm assets and that passed onto children, will […]

Duvall Tours Dams, Promotes Idaho Ag

Late last month, American Farm Bureau Federation President Zippy Duvall toured several farms in western Idaho, as well as the Snake River dams. Idaho Farm Bureau Federation President Bryan Searle said having Duvall in the Northwest to put a national spotlight on the issue of the Snake River dams was welcomed. Searle said they took […]

Biden Administration Announces America the Beautiful Proposal

Last week, the Biden administration announced its so-called 30×30 plan, renamed the America the Beautiful proposal. The plan seeks to collaboratively work to conserve and restore the lands, waters, and wildlife that support and sustain the nation. The recommendation report outlines a locally-led and voluntary nationwide conservation goal to conserve 30% of U.S. lands and […]

Farm Bureau Launches Farm State of Mind Resource

The American Farm Bureau Federation just launched a comprehensive online directory of resources for farmers, ranchers and their families who are experiencing stress and mental health challenges. In recognition of May as Mental Health Month, the directory provides users with stress and mental health resources in every state. Farm Bureau President Zippy Duvall said, “It […]

Wolff: More Questions Than Answers When It Comes To President’s Tax Proposal

President Biden’s proposed tax increases to pay for his infrastructure and social programs has many in farm country concerned, just as the President is winning buy-in for his climate change proposals. Farm groups like Biden’s ideas on rewarding farmers for climate-smart conservation practice but proposed new capital gains taxes could undermine that support. American Farm […]

Growing Climate Solutions Act Scheduled To Get Another Hearing Thursday

Perhaps it’s fitting that supporters of voluntary private carbon market legislation will make a second run at the idea, as the Senate Ag Committee plans to vote on the bipartisan Growing Climate Solutions Act, Thursday, Earth Day. The legislation was first introduced last year, but has undergone several changes. The reworked bill has 34 Senate […]

Application Period Opens for 2022 Farm Bureau Ag Innovation Challenge

The American Farm Bureau Federation, in partnership with Farm Credit, has opened online applications for the 2022 Farm Bureau Ag Innovation Challenge. The national business competition showcases U.S. startup companies that are providing solutions to challenges faced by America’s farmers, ranchers and rural communities. Farm Bureau will award $165,000 in startup funds provided by sponsors […]

AFBF Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death

American Farm Bureau Federation President Zippy Duvall says the organization objects to a proposal by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those capital gains. Duvall said, “Taxing capital gains when a loved one passes away would have a devastating impact on farm and ranch families.” […]

Report Highlights Need for Increased Ag Research Spending

A New Report says stagnant public funding for agricultural research is threatening the future vitality of U.S. food systems. That poses risks to farmer productivity and profitability, the steady supply of affordable food, and ultimately, global food security. The report is a joint effort from the Farm Journal Foundation and the American Farm Bureau Federation. […]

USDA Rolls Out Pandemic Assistance

The USDA has announced their multi-billion-dollar Pandemic Assistance for Producers, which aims to fill in gaps from CFAP. The new effort puts at least $6 billion into new programs to reach a broader set of producers than earlier efforts, including small and minority, specialty crop and organic producers. American Farm Bureau’s Andrew Walmsley said another […]