Farmers, ranchers, and Nebraska agriculture remained resilient in 2023. From widespread drought conditions and uncertainty in commodity markets, to economic recoil associated with higher interest rates and input costs, Nebraska agriculture navigated some challenging waters. Nebraska Farm Bureau (NEFB) worked alongside Nebraska’s farm and ranch families to help lighten the burden by helping deliver historic property tax relief, promoting growth opportunities for livestock agriculture, working on the next Farm Bill, helping achieve an unprecedent Supreme Court win for Waters of the United States (WOTUS), and continuing to ensure strong agricultural advocates are elected. Those issues round out Nebraska Farm Bureau’s top agricultural issues list for 2023.
“Today, Nebraska represents the third-largest agriculture production complex in the country worth $100 billion. The things we need to do to grow agriculture at this level will come with difficult conversations about taxes, trade, water, energy, and the environment, and we must get comfortable with speaking out about the things that are important for our future,” said Mark McHargue, NEFB president.
2023 brought historic tax relief for all Nebraskans, lowering property taxes by an estimated 30 percent by 2030. State funding for K-12 schools is at an all-time high, and income tax rates continue to decrease. As Nebraska saw landowners voice concern when their agricultural land was annexed into city limits. Through grassroots advocacy, NEFB was able to help those landowners preserve their special valuation status, saving up to $50,980 annually for affected farms, ultimately saving their family operations.
With Nebraska as the protein production capital of the world, NEFB continues to promote and support animal agriculture. Increased state tax credits for livestock operations growing their employment and a lowered investment threshold to qualify for the livestock modernization program have expanded the Livestock Modernization Act making over 9000 additional operations eligible for those tax credits. Also of note was the aftermath of the unfavorable Supreme Court ruling on California’s Proposition 12 (Prop 12) which established animal welfare standards for pork, poultry, and veal products imported into California. It is imperative that Congress pass a federal legislative fix to ensure one state does not dictate production practices for the entire country. NEFB is thankful the entire Nebraska congressional delegation is actively supporting legislation to rectify the situation.