Missouri Rice Farmers Discuss Costs and Policy with Smith

By Blake Jackson

Congressman Jason Smith (MO-08) recently met with members of the Missouri Rice Council during a Farmers Town Hall in Dunklin County, discussing challenges affecting the state’s rice industry and highlighting the benefits of the Working Families Tax Cuts, legislation he authored and helped advance.

The meeting provided an opportunity for rice producers to share concerns about rising production expenses, export challenges, and the economic pressures facing agricultural operations. Congressman Smith emphasized the importance of ensuring farmers have a voice in policy discussions.

“It’s always good to sit down with our rice farmers and hear directly from them about what they’re facing — whether it be export issues, high input costs, or just the day-to-day challenges of running a farm in today’s environment. When you think of the Bootheel, rice farmers are one of the first groups that come to mind, and these families deserve a seat at the table when decisions are made and legislation is written," Smith said.

"That’s exactly why I fought so hard to include provisions that benefited them in the Working Families Tax Cuts such as the first increase in reference prices in nearly 20 years. This legislation also made both the small business deduction and 100 percent bonus depreciation permanent, giving family-owned farms long-term certainty, which they need to reinvest, expand, and grow. I greatly enjoyed our conversation about their top priorities and concerns, and I will continue to fight for their interests when I return to Washington.”

During the town hall, Smith responded to farmer questions about seed costs, bridge payments, trade policies, and the Section 301 investigation into unfair foreign trade practices impacting U.S. rice exports. Discussions also covered concerns about global fertilizer market consolidation, an issue Smith has addressed with the Administration.

Smith also pointed to key provisions benefiting rice producers, including a 20% increase in rice reference prices beginning with the 2025 crop year. He noted that permanent small business deductions and full bonus depreciation provide additional support for family-owned farms seeking to invest in equipment, land, and future growth.

Photo Credit: jasonsmith-house-gov