WASHINGTON – Yesterday, U.S. Senator Tommy Tuberville (R-AL) introduced Garrett Moore from Chancellor, Alabama, at a U.S. Senate Agriculture, Nutrition, and Forestry (Ag) hearing. Today’s hearing is the first in a series titled, “Perspectives from the Field: Farmer and Rancher Views on the Agricultural Economy.”
In yesterday’s hearing, Senator Tuberville also spoke with American Farm Bureau Federation President Zippy Duvall about how President Trump’s Tax Cuts and Jobs Act of 2017 helped bolster the agriculture community and the need to eliminate the “death tax” to help preserve family farms. Senator Tuberville has been, and will continue to be, a staunch advocate to eliminate the death tax.
Earlier this year, it was announced that Senator Tuberville will remain on the Senate Ag Committee where he will continue to be a voice for Alabama’s farmers, foresters, and producers as the Senate prepares to draft a Farm Bill.
Excerpts from Senator Tuberville’s remarks can be found below, and his full remarks can be found on YouTube or Rumble.
INTRODUCTION OF GARRETT MORE OF CHANCELLOR
“Today, I’m proud to introduce Mr. Garrett Moore from Chancellor, Alabama. Garrett’s a proud fourth-generation farmer in Alabama’s Wiregrass region, which is the Southeastern part of the state. He is also a proud veteran of the U.S. Marine Corps, having served as an infantryman for four years, some of that overseas in Japan and near the DMZ of South Korea. After completing his military service, Garrett wanted to return to his roots and farm in LA – that’s Lower Alabama. He currently farms nearly 1,500 acres of peanuts, cotton, corn, and cattle with his father across Southeast Alabama. Garrett is Chairman of the Coffee County Young Farmers Association, “Alabama Row Crop Farmer of the Year” recipient, and part of the Southern Peanut Farmers’ Leadership Academy. I am grateful for the hard work Garrett has done to produce food and fiber for Alabama and advocate for our young farmers, and also being an Auburn Tiger fan—War Eagle. Garrett, thanks for being here today.”
OPENING REMARKS
“Thank you Mr. Chairman, for holding this hearing. As everyone in this room knows, the state of the agriculture economy is in dire straits. We’re in trouble, and it’s not getting much better. Our farmers are struggling. Producers have lost over $40 billion in net farm income since 2022, and the current agriculture trade deficit is $45.5 billion. We cannot stay on that same track. Producers in my state of Alabama and across the country are producing bumper crops, but they can’t break even, much less make a profit due to low commodity prices and high input costs, interest rates, and inflation. It’s been 13 years since reference prices for Title 1 commodities have been updated. Yet, the costs of production are not what they were 13 years ago – in fact, they are 30 to 40% higher. Our farmers need a new Farm Bill with a strong and reliable farm safety net to support producers amidst fluctuating market conditions, natural disasters, and skyrocketing production costs. The $10 billion in economic assistance Congress passed in December was a crucial lifeline to keep some producers afloat – and we need to ensure it is implemented quickly.”
ON HOW PRESIDENT TRUMP’S TCJA HELPS FARMERS
TUBERVILLE: “Mr. Duvall—In your testimony, you discuss the importance of extending the expiring provisions of President Trump’s 2017 Tax Cuts and Jobs Act(TCJA) to keep farmers in business. Can you discuss the tax provisions that our producers rely upon the most?”
DUVALL: “Yes sir, I can. One, it provided for a reduced tax rate. Most of our farmers—98% of them—are operating under pass-through entities, and that’s important to them. Section 199A is important to them very much because it preserves that 20%business income deduction. Section 179 also needs to be continued—it’s called ‘bonus depreciation.’ It allows our farmers to reinvest in their business so they can meet the goals that our country has for us, whether it be conservation, climate, whatever it might be—soil health. But we have to have that bonus depreciation. And then of course, the last one we spoke about—young farmers and beginning farmers—estate taxes. Estate taxes—itneeds to be eliminated—so that we can continue to pass our farms on for generations to come and make sure we bring stability to our system—our food system. This is something people sweat blood from to pay for. This is their land, their home, and they want to keep it in production. And there’s so many pressures on that land staying in production—it’s just unreal and this pressure makes it unbelievable when a family person dies and you have to sell part of the farm to pay the taxes and what does that do? It takes it out of production, puts it into houses or solar panels or whatever and it never comes back to agriculture .”
TUBERVILLE: “Thank you. Bonus depreciation, estate taxes—my phone rings off the wall. And we need to listen to it. And I’m sure the rest of the senators are the same. Mr. Duvall, the agriculture trade deficit, as I just said, is $45.5 billion. This is shameful. America has the best farmers and producers in the world. What suggestions do you have to improve ag trade and close the gap?”
DUVALL: “We’ve got to have new agreements. We got to open up the markets. We can compete with anybody in the world as long as we’re allowed to use innovation and the research that has come into our farms that keeps us on cutting edge, and as long as our farmers are led by voluntary, market-based programs, we will do anything this country asks us to do if it’s led in that direction and we have proven that in conservation by putting over 140 million acres into conservation efforts over the last few decades—and that’s the size of California and New York state together.”
Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP, and Aging Committees.
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