At the age of 23, Seth Brengarth is in his first few months of farming full-time. But beginning to farm at such a young age isn't easy.

"Due to the fact with rising costs: High input costs is the main thing right now, fertilizer has jumped up quite a bit, seed costs, along with machinery costs," first-year farmer Seth Brengarth said. "Land cost is another big thing."

The land may not seem valuable to the average person, but to farmers, it has a price tag valued at more than $2,400 per acre.

"Missouri Farm Bureau believes the Beginning Farmers and Ranchers Act will not only help young people entering farming, but retiring farmers as well," said Charlie Kruse of the Missouri Farm Bureau. "The average age of farmers here in the state of Missouri today is around 60 years of age, and so as you look at that, you see over the next few years a real exodus of farmers are going to retire. And so then the questions becomes who's going to step in and take over the role of production agriculture when all this happens."

Kruse says the most important piece of this legislation is capital gains tax relief.

"A capital gains tax is simply a tax that is simply imposed on people for the assets they've held over a number of years," Kruse said.

Brengarth and the other beginning farmers think the legislation will attract new faces to the farm.

According to the 2002 census of agriculture, only 6.5 percent of those running a farm were younger than 35.