H.R. 8960 — Local Beef Marketing Incentive Act of 2026

This section establishes a local beef marketing subsidy program under which the Secretary of Agriculture makes payments to eligible producers for revenue losses on direct-to-market beef sales during subsidy years. A subsidy year occurs when such sales decline by at least 25 percent from the five-year average (excluding the highest and lowest years). Payments equal 20 percent of the difference between the five-year average beef cattle price and the subsidy-year price, multiplied by average live weight per head, capped at $500 per head and $100,000 per producer per year, for fiscal years 2027 through 2031.