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After years of inflation, high interest rates, increased energy costs, trade uncertainty, and bureaucratic red tape, the outlook for the farm economy is bleak. U.S. farmers and producers continue to face drops in farm income, regulations like WOTUS still pose the threat of punitive and costly fines, and inflation has made the cost of doing business more expensive and forced producers to delay new equipment purchases.

There are many reasons to pass the Farm Bill this year. Prices for corn, soybeans, and other commodities have fallen well below producers’ break-even point, over 100 million birds – including turkeys, broilers, and layers – have been infected by bird flu since 2022, and net farm income is estimated to fall by $10.2 billion this year alone. Inflation also remains a painful tax on our farmers who already face unnecessary and punitive red tape like WOTUS and looming expirations on important pro-growth tax provisions in 2025.

The other week, I spoke at the ribbon cutting ceremony for the new Veterans Affairs Community-Based Outpatient Clinic (CBOC) in Marshalltown on my 36 County Tour. I had the opportunity to tour this incredible facility and speak with members of the community who assisted in making this project possible.

In a major blow to Iowa farmers and biofuel producers, the Environmental Protection Agency (EPA) recently announced that it expects to finalize biofuel blending volumes for 2026, 2027, and 2028 at the end of 2025 – more than a year after federal law requires. This decision will have far-reaching implications for the agriculture and biofuels industry that both support hundreds of thousands of jobs in Iowa and strengthen American energy security while lowering gas prices for American families.