Latest / CattleUSA Daily / 222: $12B for Farmers, Trade Deals in Limbo, and Farm Bill 2.0 with Rep. Tracey Mann
Transcript
- 0:00Today on the podcast, we are welcoming Representative Tracy
- 0:03Mann on to the podcast. He represents the first district
- 0:07here in the wonderful state of Kansas.
- 0:08Tracy is also on the Ag Committee as well.
- 0:12Today we are discussing Farm Aid.
- 0:14We're discussing Farm Bill 2 Point O, and just some other
- 0:18thoughts that Tracy has about things that are going on on
- 0:21Capitol Hill right now. It is a very busy end of the
- 0:25year as we wrap up 2025 and prepare for 2026.
- 0:28Tracy does a great job for the next few minutes of breaking all
- 0:31of that down for us. Before we hop into today's
- 0:34episode, if you could please take a second.
- 0:35If you're watching on YouTube, make sure that you subscribe to
- 0:37our channel and like this episode.
- 0:39If you're listening on any of our other podcast platforms,
- 0:42take a second to make sure you're following the show and to
- 0:44also go rate and review it as well.
- 0:46And without further ado, let's go ahead and hear from
- 0:49Representative Tracy Mann. Welcome to the Cattle USA daily
- 0:56podcast Your. Go to.
- 0:57Source for the latest livestock markets, industry insights and
- 1:00the updates shaping agriculture today.
- 1:03I'm your host Lauren Moylan, a passionate advocate for
- 1:06agriculture, here to keep you informed and connected.
- 1:09Now let's dive into today's episode.
- 1:18Representative man, welcome back to the podcast.
- 1:21We are so excited to have you on today.
- 1:23We've got a wide variety of topics to talk about today.
- 1:26There's a lot happening on Capitol Hill right now.
- 1:28But first and foremost, can you kind of breakdown what your
- 1:32reaction to the Bridge aid announcement was that was
- 1:36released earlier this year? Yeah.
- 1:38Hello, Lauren. Thanks for having me on again.
- 1:39Thanks for doing this. Very good news, right?
- 1:42And as we know right now, our farmers are struggling and
- 1:45they're really struggling because commodity prices are
- 1:47low, but also input costs are way up.
- 1:50You know, we're 40 plus percent increase over the last few
- 1:53years. And so the announcement was that
- 1:56Trump's going to use $12 billion of money that's coming from
- 1:59tariffs, tariff revenue we've already received to help our
- 2:03farmers, a bridge to getting to better trade deals when better
- 2:07trade deals should help to lower inputs and also rise prices.
- 2:11And that's a great thing. So it was a fantastic
- 2:13announcement. My administrate, my message to
- 2:15the administration has been whatever we do to help farmers
- 2:19needs to be significant. And, and it needs to be very
- 2:23quick and really glad, you know, that that this is a very
- 2:26significant announcement. And every indication is, you
- 2:28know, intention of getting this money out the door to farmers
- 2:31here right after the first of the year.
- 2:32And, and that's a good thing. Absolutely, absolutely.
- 2:35Is it enough in your opinion? Yeah.
- 2:37Well, if it's not, we'll we'll take a look at it.
- 2:39You know, it's, it's continues to change, you know, the
- 2:41conditions for our farmers, for some producers it will be enough
- 2:44for others it won't be varies by commodity.
- 2:47So, so we will see, don't forget that our farmers are also going
- 2:50to be helped when the provisions of the working families tax
- 2:53cuts, the big, the big bill we passed on July 4th, those tax
- 2:56provisions don't really go into effect a lot of those things
- 2:59until January 1. So strengthen crop insurance,
- 3:03raising reference prices, lowering tax rates, you know,
- 3:08those will happen here right after the first of the year, and
- 3:09that will provide a lift and a boost for farmers and in
- 3:12agriculture as well. Yeah, absolutely wonderful to
- 3:16hear. So what do you say to farmers
- 3:18who are waiting for these trade deals to come to life?
- 3:21We want better trade deals, but the reality of waiting for them
- 3:25to come to fruition has been really, really hard for the AG
- 3:28community. What happens if these deals are
- 3:31still being negotiated next year, in your opinion?
- 3:33Yeah, well, we've made some great progress.
- 3:35There's more to do when we realize when Trump ended his
- 3:38first term, we had an AG trade surplus of $6 billion.
- 3:43When Biden ended his term, his time as president, we had an AG
- 3:47trade deficit of 40 billion. So we lost $45 billion of market
- 3:53share in four years while the last administration, I believe
- 3:57was completely asleep at the wheel.
- 3:59So, you know, Trump is doing something about it,
- 4:02renegotiating deals. I've been very pleased at the
- 4:05ACR. Visions in these frameworks have
- 4:07already been announced. You know, with China buying
- 4:09soybeans and sorghum. Now we need to hold our feet to
- 4:11the fire, make sure they do that.
- 4:13But the the deal struck with the United Kingdom, you know, to
- 4:16buy, to purchase biofuels, to purchase our beef and be good
- 4:20right in on the list. This is all great for
- 4:22agriculture. We got to keep moving forward.
- 4:25Absolutely, Absolutely. You touched on the one big
- 4:26beautiful bill earlier. It passed earlier this year and
- 4:29had a lot of wins in it for American AG, but there are still
- 4:33a lot of programs that weren't funded with that that are about
- 4:36to expire at the end of the year.
- 4:39What do you think Congress will do about these programs as we
- 4:42move forward? Well, anything, any any like
- 4:45FarmVille provision that was not taking care of the big beautiful
- 4:47bill. All those have been extended.
- 4:49So there there will not be things that expire for the end
- 4:53of the year. The question is how long are
- 4:54they extended for some of them to January 30th, some of them to
- 4:58September 30th. But we'll work hard to make sure
- 5:01that they don't expire. And the big beautiful bill, you
- 5:03know, look at agriculture in Kansas, for example, or the
- 5:05majority of folks in AG. Crop insurance credibly
- 5:08important. Well, crop insurance got
- 5:10strength and fortified made much better for the next six years in
- 5:15in the working families. Tax cuts raising reference
- 5:17prices, reference price will go up every year for the next six
- 5:19years and with what we've already signed into law,
- 5:22doubling the dollars for market access program for market
- 5:25development MAP and FMD, you know, really important on the
- 5:28trade front, you know those are into effect come generally 1.
- 5:32So that's really good. There's a handful of things that
- 5:34are left to do though, conservation programs, a couple
- 5:38of other things as well, and we'll work to get to those right
- 5:40after the first of the year. Wonderful.
- 5:42So switching topics a little bit into Farm Bill 2 point O, what
- 5:46are your priorities as far as the Farm Bill goes?
- 5:49Last time you were on, we kind of chatted a little bit about
- 5:51it, but if you want to get back to that and tell us kind of an
- 5:54update and what's going on with that?
- 5:55Sure. And you know, we're calling it
- 5:56Farm Bill 2 point O because Farm Bill one point O was done.
- 5:59So we would call it the Skinny Farm Bill.
- 6:01Some of my priorities are going to be moving Food for Peace from
- 6:05the USAID, you know, which went away to Department of
- 6:09Agriculture. I think they do a great job
- 6:11implementing that program for our farmers.
- 6:12So that's meaningful. The American Farmers Feed the
- 6:15World Act is legislation I have that would make sure that when
- 6:19we're doing the foreign food assistance, let's not just send
- 6:22money, dollars, Let's also make sure that we're sending American
- 6:25grown AG products, wheat, sorghum, others as well.
- 6:29That's great for Kansas, great for our American farmers, good
- 6:32for shippers as well. Promoting Precision Agriculture
- 6:35Act. There's a lot of of things that
- 6:38I would like to see in this farm bill and I'm optimistic that
- 6:41that that'll get rolling in the committee here right after the
- 6:43first of the year. That's very exciting to hear,
- 6:46especially as we've been talking about a farm bill I feel like
- 6:50just kind of forever at. This point, yeah, you're right.
- 6:52I've been on the floor of the House 3536 Times Now over the
- 6:56last years urging the rest of Congress to get serious by doing
- 6:59a five year farm bill. Glad we got the things done
- 7:02signed into law and the working families tax cuts, but but a few
- 7:05more things to do here as well. Yeah, it's one of those things
- 7:08that we finally get done with the 1st and then it's time to
- 7:11start negotiating the next one because boy oh boy do those
- 7:14years come very quickly. You know, our farmers need
- 7:18certainty and we got to remember why are we doing farm bills in
- 7:21the 1st place that are five years.
- 7:22I would argue five years is long enough to provide some
- 7:25certainty, but short enough to adjust and change with the
- 7:28times. And the biggest change we've
- 7:30seen now versus when the last farm bill got passed, which by
- 7:33and large, a lot of farm producers are, are pretty
- 7:35satisfied with the current farm bill.
- 7:37But the biggest change is input costs.
- 7:39And when input costs have risen like they have, we got to really
- 7:43reevaluate these these programs where the safety net is, where
- 7:47it ought to be and what farmers need to exceed moving forward.
- 7:51Well, Tracy, I know you have to get back to the floor to go get
- 7:54some votes put in as we start to round out this podcast.
- 7:57Is there anything else that we didn't touch on today that you
- 7:59would like to leave with listeners before we go?
- 8:02Yeah. Well, I would just say, you
- 8:03know, I appreciate all the listeners, appreciate so many
- 8:05great ad producers in Kansas and around the country.
- 8:08It does matter. And, you know, the basic values
- 8:10to make America, America, I say, are things like faith, family,
- 8:13hard work, personal responsibility.
- 8:15You know, these values are alive and well in our rural
- 8:18communities, are alive and well on Agriculture Day.
- 8:19We need to make sure that we get the policy right so that
- 8:22agriculture can continue to grow and and succeed and thrive, not
- 8:26just for for the benefit of the industry, but for the benefit of
- 8:29the communities and these values that we all love and appreciate
- 8:32and hold dear. So have a Merry Christmas,
- 8:35thanks for having me and full steam ahead.
- 8:37Absolutely. Well, Tracy, thank you so much
- 8:39for coming on and thank you for representing agriculture at a
- 8:43national level. I'm sure you don't get told
- 8:45enough. Thank you for what you do.
- 8:47We really appreciate all the things that you do for us here
- 8:49in Kansas and then how you stand up for agriculture on a national
- 8:53level. So thank you for what you do.
- 8:55We will let you get back to your very busy day.
- 8:57Have a very Merry Christmas to all of our listeners.
- 8:59Thanks for listening to another episode of the Cattle USA Daily
- 9:02Podcast and we will see you all next.
- 9:04Fine, have a good one y'all.