Common Ground Coalition: Uniting Livestock Producers

Season 5 Episode 263

It’s The Ranch It Up Radio Show! Join Jeff Tigger Erhardt, Rebecca Wanner AKA BEC and their crew as they find out more on the Common Ground Coalition that so many of us have been hearing about. Plus, market reports, upcoming sales, and info you just don’t hear anywhere less on this all-new episode of The Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel.

Season 5, EPISODE 263

Common Ground Coalition Seeks To Preserve America’s Food Security By Uniting Livestock Producers

Agriculture is not optional. America’s food chain is only as strong as our family farms and ranches. Our livestock industry is better together and must unify with one voice.

As dedicated stakeholders in the livestock industry, we call upon our fellow livestock producers and all of agriculture to join us and stand united. The time has come to prove that our industry can and will align to drive meaningful and lasting change, safeguarding the future of America’s agricultural sector, rural communities and our nation’s food independence.

We need your help in giving America’s livestock industry a common voice.

The 5 Key Components Of The Common Ground Coalition

1. Achieve and Maintain Ag-Friendly Tax Policy

Extend the Tax Cuts and Jobs Act provisions that help agriculture beyond 2025, including:
Preservation of federal transfer tax lifetime exemption amounts, indexed for inflation, and
Retention of step-up in basis under § 1014, and
Return to 100% bonus depreciation under § 168, and
Continued expanded application of § 179, and
Maintenance of the § 199A qualified business income deduction.
Increase the aggregate limit allowed under § 2032A to $30 million, indexed for inflation.

2. Make Risk Management Tools More Effective

Increase the Livestock Risk Protection subsidy level, and
Allow Livestock Risk Protection coverage to start the day price risk is assumed, and
Create or improve mechanisms for industry input and oversight of risk management tools that will make them more attractive to producers.

3. Improve Access To Labor

Remove the seasonality component from H-2 programs, and
Create an optimized and efficient process for workers in good standing to return to the same employer year after year, and
Redefine “agricultural employer” to expand its scope for purposes of H-2A programs to include more employers essential to agricultural production in the United States.

4. Increase Flexibility For Livestock Haulers

Exempt livestock haulers from Hours-of-Service rules, and
Permanently exempt livestock haulers from the Electronic Logging Device mandate, and
Support the state and federal adoption of increased load capacity limits.

5. Create Support For Young & Emerging Livestock Producers

Reform USDA programs to raise limits on guaranteed loan programs, streamline the lending process, and expand eligibility criteria.
Create tax credits or incentives for leasing or selling land to, and providing capital to, younger or emerging livestock producers, including elimination of capital gains, reduced financing costs, and access to loans.
Create front-loaded tax relief for buyers purchasing l

Published on 1 month, 1 week ago

Podcast Episode Details

Common Ground Coalition: Uniting Livestock Producers