Senator Marshall: We Have Secured Huge Wins for Kansas Farmers and Ranchers
Senator Marshall Joins RFD-TV to Talk About the Plan to Ban U.S. Farmland Purchases by China and Key Wins in the Reconciliation Bill
Washington – On Thursday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Tammi Arender on RFD-TV’s Market Day Report to discuss the importance of protecting American farmland from hostile foreign nations like China and the major wins for farmers and ranchers in the recently signed One Big Beautiful Bill.
Click HERE or on the image above to watch Senator Marshall’s full remarks.
On the necessity of preventing China from buying American farmland:
“Tammi, it’s great to be with you, and for the last several years, we’ve been trying to scream as loud as we could that China’s buying more and more farmland in America. And it’s not just the quantity, it’s where they’re purchasing it. If you could imagine, Whiteman Air Force Base is where those B2 bombers took off and took out the Iranian nuclear facilities. The Chinese have purchased land next to that base. Same way at Fort Riley – at many of the military bases, the Chinese have purchased property.
“And beyond that, it’s the Chinese owning a significant part of Smithfield and Brazilian JBS, the meatpacking industry as well. So what we announced yesterday, the Secretary of Agriculture, Brooke Rollins, who by the way is doing an incredible job, is that she’s now going to be on CFIUS. This is the committee on foreign land purchases by foreign entities. So she’ll be at that level, and then trying to decide if someone that China or their proxies are here, trying to buy land in America, that she’ll get to decide that is a national security issue. The bottom line: food security is national security.”
On whether there will be any retaliatory measures taken by China:
“Think about this – you and I, your listeners, we cannot go to China and purchase land. We cannot go to China and make a pork processing plant. So I think it’s fair. You know, President Trump talks about fair and reciprocal trade agreements. And by the way, there’s a lot that states can do. State Governors in their legislatures can do this. Already in Arkansas, Governor Huckabee Sanders is actually buying back this land that the Chinese have purchased. And not only has she banned future purchases, but she’s actually forcing them to sell land as well – sometimes the states can move a little bit quicker than the federal government can.”
On what the One Big Beautiful Bill will do for farmers and ranchers:
“Tammi, I’m so proud we did almost a whole farm bill within this reconciliation bill. We allocate $50 billion more for crop insurance as well as the Title I funding. We increased the reference prices, so we funded that for the next five years, and we’ll take that off the table as we go forward with the rest of the Farm Bill. The crop insurance is the backbone of every Farm Bill.
“But beyond that, even more, I think about beyond the reference prices… we also got the 199A pass-through for all those folks, farmers that are part of co-ops, we got that taken care of. Bonus depreciation, writing off interest, all those things are so important to go buy this million-dollar combine in today’s world, to be able to write that off with bonus depreciation is a big game changer.
“We doubled the death tax exemption to over $30 million, so we doubled the tax exemptions so you don’t have to sell a fourth of your farm to pass it on to future generations as well. And don’t forget, we got 45Z done in this as well. I think the 45Z market for taking commodities turning into jet fuel, I think that could be bigger, maybe four or five times bigger than the entire ethanol industry right now. So huge, huge wins for farmers. So proud of the work we got done.”
On what can be added to the next Farm Bill:
“There’s a lot of division up here right now. My friends across the aisle are upset that we went forward with that. And I’m sorry, but we give them every chance a year or two to get it finished. I wish we could, but I hope so. I think even next week, we’re going to be working with Secretary Kennedy and Rollins and talking about soil health. And love to come back and talk about that. And part of improving soil health is going to cost money. If you want to go into regenerative agriculture in your first year or two, your crop, maybe your production, goes down. So we’re trying to work on a farm bill, especially the Conservation component. There’s great opportunity there, and we’ll hopefully sort it out this fall.”
###
Contact: Payton Fuller
