Washington, D.C. (July 1, 2025) — “The National Council of Farmer Cooperatives applauds the United States Senate for passing the budget reconciliation bill—a critical step toward delivering long-overdue certainty to America’s farmers and cooperatives. The Senate package includes essential provisions that strengthen the rural economy, bolster global competitiveness, and lay the groundwork for long-term resilience in the face of market disruptions.
“We commend the Senate for advancing permanent tax relief through the extension of Section 199A, a key priority for farmer co-ops that ensures they are not penalized for doing business together. Equally important are the provisions extending Section 179 expensing and the clean fuel production credit under Section 45Z, which provide producers and co-ops with the incentives and tools they need to innovate, invest, and lead the transition to a more sustainable agricultural future.
“We also appreciate the Senate’s attention to the needs of production agriculture by updating reference prices and commodity title support to reflect today’s economic realities. Combined with a significant increase in funding for market development programs, these provisions will help producers reach new markets and stay competitive amid global uncertainty.
“Now, it’s time for the House of Representatives to act. We urge lawmakers to take up the Senate package without delay and send it to the president’s desk before the July 4th recess. America’s farmers can’t afford to wait.”
