“The temptation here is to subtract FSA’s prevent planted acres from USDA’s planting estimates, but later [World Agricultural Supply and Demand Estimates] reports don’t always turn out that way,” Hultman said.
Sometime in the late 1920s, after countless nights of craning his neck through the nooks and crannies of the Milky Way, Edward Hubble concluded that the universe was indeed still expanding in the wake of the Big Bang, that first true spark of herd building launched 13.
R-CALF USA, which is not a member of the group, issued a warning that other farm groups plan to agree by next Friday to a proposal it considers “smoke and mirrors,” while some participants in the group said no agreement would be announced until this fall or winter, if ever.
Corn importers don’t have to look far for supplies, either. With China’s hesitance to take U.S. corn, due to that country’s failure to approve corn with the MIR162, South Korea is enjoying the availability of Asia-bound freighters and lower prices. Imports of dried distillers grains with solubles (DDGS) also are doubling.
Republican members of the Senate Agriculture Committee finally got their meeting with Environmental Protection Agency Administrator Gina McCarthy last Tuesday and urged her to withdraw the Waters of the U.S. (WOTUS) rule, but a McCarthy spokeswoman said issues with the rule can be handled in the agency’s comment process.
What are your thoughts about a charitable remainder trust in this instance? The couple could create a lifetime income stream and use the deduction to offset that income. Perhaps they could also set up a wealth replacement trust (life insurance) to benefit the children if they have concerns about leaving those sale proceeds.
When Farmers National Co. sold another 80-acre Sioux County, IA, farm for $20,300 per acre this month, observers chalked it up as another trophy sale. The buyer won’t necessarily expect a competitive return on investment anytime soon, but did acquire a prized possession.
Court of Appeals heard oral arguments in a landmark tax case last week that would not only set a precedent for absentee landowners with Conservation Reserve Program contracts, but could potentially redefine tax treatment of cash rents, conservation easements and other types of passive income if allowed to stand, farm managers and legal scholars say.
It is unclear how long the Senate debate will last because the agriculture bill has been packaged with two other appropriations measures in what is being referred to as a “minibus” as opposed to the omnibus bills that sometimes fund the government when Congress doesn’t pass individual appropriations bills.
Though a decision on the proposed Keystone XL pipeline that would traverse farm and ranch lands in the Nebraska Sandhills is unlikely to come from the Obama administration ahead of the November elections, a U.S.
“All countries in the region are the same or a little higher (in purchases), and it’s all related to price,” said Kurt Shultz, the U.S. Grains Council’s Regional Director for the Western Hemisphere. “Free trade agreements in some countries have opened up the door.
a hobby loss issue. But individuals with a substantial income from another source who undertake a sideline farming activity and use cash method accounting deferrals to create a negative, need to recognize that Section 183 can allow the IRS to eliminate the loss.
The ministry made the announcement after receiving the results of tests conducted on samples from the animal in the U.K. In truth, the report said there was no conclusive diagnosis, but the government said details in the report reinforced its hypothesis that this was not a classic case of the disease, popularly known as mad cow.
The nightmare of the 2013 tax return preparation season was the new 3.8 percent net investment income (NII) tax. The good news is this tax only applies to the extent income on page 1 of the Form 1040 exceeds $200,000 single or $250,000 joint.
On the positive side, exports to Asia increased 5 percent for a total of $1.2 billion while exports to Canada increased 6 percent for total of $4.3 billion. The increase in Asia was aided by China having government polices still supportive of agriculture focusing on productivity and increasing farm income, he said.
On Dec. 11, 2013, FDA announced implementation of the plan and asked the animal pharmaceutical industry to withdraw such drugs from production, as stated in its Guidance for Industry No. 213. In addition, FDA is requiring oversight by a veterinarian for use of antibiotics.
I would imagine back in the late 1970s through the 1990s when many JD dealerships still tended to be family-owned, the range of John Deere Day events varied greatly. I can remember gatherings at the dealership both in the evening complete with a dinner and dance in the shop and also in the afternoon with a lunch and no dance.
For higher-income individuals, a 1031 exchange may be particularly beneficial, as they will be able to duck the 5 percent increase in the capital gain rate, and will also avoid the new 3.8 percent net investment income tax.