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Potential ag impacts of election outcome

There are questions about how the outcome of the presidential election might impact ag policy.

Compeer Financial vice president of legislative affairs Perry Aasness says regulations are always top-of-mind for farmers.

“What is the regulatory climate going to be to allow agriculture to prosper? So I think those are things to watch for.”

He tells Brownfield the next president will be dealing with a lot of tax issues during their first year in office.

“There are a number of provisions from the Tax and Jobs Act from 2018 expiring next year, many of those impact agriculture especially estate tax exemptions (and) bonus depreciation.”

He says there’s also uncertainty around how the next administration handles trade.

Aasness made these comments during a What’s Happening podcast, a content partnership between Brownfield and Compeer Financial.