Episode Details

In this episode of the Progressive Dairy Podcast, learn about the dairy provisions included in the One Big Beautiful Bill. American Farm Bureau Federation (AFBF) Economist Danny Munch joins host Kimmi Devaney to discuss the farm bill programs included in the bill, the increased estate tax exemption and what’s on the horizon for a skinny farm bill later this year.

Sign up for the AFBF Market Intel newsletter here. 

Here's an episode overview:

• [~1:10] General overview of the One Big Beautiful Bill 
• [~3:55] Dairy provisions: Dairy Margin Coverage 
• [~6:20] Dairy provisions: funding for the USDA to conduct mandatory dairy processing cost surveys every two years to provide better data for future make allowance decisions
• [~9:15] Dairy provisions: Funding for conservation programs
• [~10:45] Dairy provisions: Funding for animal health programs to prevent, control and eradicate animal diseases
• [~11:50] Dairy provisions: Disaster assistance
• [~13:30] Dairy provisions: New trade promotion funding 
• [~15:20] Dairy provisions: Makes the Section 199A tax deduction permanent 1099A
• [~16:05] Increased estate tax exemption that is now permanent
• [~16:20] Tax policy changes that dairy producers should know about
• [~18:30] What is the economic impact of this bill for dairy producers? (Immediate and long-term impact)
• [~21:00] Other information dairy producers should know about this bill
• [~26:00] What to expect with continued farm bill discussions this fall
• [~28:30] Other dairy-related legislation 
• [~30:25] Tips for dairy producers interested in getting involved in policy
• [~32:20] Farm Bureau resources
• [~37:00] Rapid-fire questions