Legislation boosts farm safety net, locks in key tax cuts and expands crop insurance support.

President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law July 4, modernizing important farm safety net programs and making several critical tax cuts from 2017 permanent ahead of their scheduled expiration at the end of the year.

The agricultural measures included in the 887-page bill “could be the difference between staying in business and shutting down the family farm,” said American Farm Bureau (AFBF) President Zippy Duvall. 

Iowa Sen. Chuck Grassley said the legislation “delivers a resounding victory for...