Description/Abstract

The One Big Beautiful Bill (OBBB) promises billions in new farm subsidies, but most of that money won’t go to the farmers who need it most. This brief describes how the OBBB’s changes to agricultural subsidy programs will disproportionately benefit large farms and non-farming investors, accelerating farm loss and consolidation across the United States. The authors argue that without reforms, the OBBB will inflate land values, raise barriers for new and small farmers, and further fuel absentee farmland investment. The authors also identify four reforms policymakers should enact to prevent these devastating consequences, including tightening payment limits and closing loopholes, reinstating income caps, narrowing and enforcing "actively engaged in farming" requirements, and ensuring new base acres go to small and beginning farmers.

Document Type

Policy Brief

Date

4-1-2026

Keywords

One Big Beautiful Bill, agriculture, agricultural subsidies, food systems, farm consolidation

Language

English

Series

Policy Briefs Series

Acknowledgements

The authors thank Alyssa Kirk and Shannon Monnat for their edits on a previous version of this brief.

Disciplines

Agricultural Economics | Agriculture | Food Studies | Public Affairs, Public Policy and Public Administration | Public Policy | Sociology

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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