Washington’s newest bill packs a punch for agriculture. Signed July 4, 2025, the “One Big Beautiful Bill” isn’t a full farm bill, but it hits the high points. Here’s the quick rundown:
$65 Billion for Ag
- $59B goes to farm safety nets: ARC, PLC, DMC, and crop insurance.
- $15B supports conservation, research, and trade.
Stronger Safety Nets
- Commodity price supports extended to 2031.
- Reference prices up 10-21%.
- Better terms for LLCs and S-corps.
Better Crop Insurance
- More coverage (up to 95%) and higher subsidies.
- Dual enrollment now allowed.
- Beginning farmers supported for up to 10 years.
Estate Tax Breaks
- $15M individual/$30M couple exemption.
- Makes it easier to pass on the farm.
Conservation Shifts
- Funding redirected to EQIP, CSP, and more.
- Overall conservation budget drops $1B by 2034.
Bottom Line
This bill offers tools to weather the storm. Talk with your FSA agent, insurance rep, and neighbors. Don’t let these opportunities pass you by.