Today is the first Tax Day since H.R. 1, the Working Families Tax Cuts, was signed into law last July, and corn grower leaders are reflecting on the beneficial tax provisions included in the legislation.
“We are appreciative that several tax provisions in the Working Families Tax Cuts were permanently extended to the benefit of the nation’s corn growers,” said Ohio farmer and National Corn Growers Association President Jed Bower. “The certainty that comes with these tax provisions is extremely helpful as we navigate some really tough economic times.”
NCGA played an active role in successfully advocating for key tax and farm safety net provisions, which were signed into law in July 2025. The now permanent federal tax provisions include the qualified business income deduction, 100% bonus depreciation and the higher estate tax exemption. The bill also extended the Clean Fuel Production or “45z” Credit, which incentivizes use of biofuels in sustainable aviation fuel.
Bower said the law tackled many of the organization’s previous tax priorities, allowing grower leaders to focus on policies that will help grow the agriculture economy.
“Now that we have the stable foundation with federal tax policy, corn farmers can continue working with Congress on policies that will build immediate and long-term demand growth for corn and ethanol,” Bower said. “These policies include a tax incentive for biobased materials that would expand domestic manufacturing and year-round E15, which would help improve corn prices and save Americans money at the pump.”
On Tax Day, National Sorghum Producers applaud President Trump for delivering meaningful tax relief to farmers through the Working Families Tax Cut in the One Big Beautiful Bill Act.
The legislation strengthens the financial outlook for family farms by maintaining the 20 percent pass-through deduction, increasing the estate tax exemption to $15 million per individual and restoring 100 percent bonus depreciation for farm equipment. These provisions provide farmers with greater flexibility to invest in their operations, manage costs and plan for the future.
“Sorghum farmers appreciate President Trump’s leadership in advancing tax policies that support agriculture and rural communities,” said NSP Chair Amy France, a farmer from Scott City, Kan. “These updates help ensure family farms can keep more of what they earn, reinvest in their operations and pass their farms on to the next generation.”
As producers continue to face tight margins and rising input costs, these tax provisions offer timely support and reinforce the long-term viability of U.S. agriculture.
National Sorghum Producers will continue working to ensure farmers can fully utilize these updates and that they remain strong for generations to come.
