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News
by DTN
Oct 9, 2015
base corn acre, while those in a county next door will collect nothing. In Nebraska, some checks will run $20 an acre, others closer to $80 an acre. Similar situations are cropping up in Kansas, Iowa and Illinois, in large part because of the local variation in 2014 yields, policy experts report.


News
by DTN
Oct 9, 2015
Grain farmers approaching retirement face an ugly reality: a lot of grain to sell but no cropping expenses to provide a tax offset. If that carryover grain is in the $500,000-$1 million territory, spreading the sales over several years doesn’t avoid high tax rates.


News
by DTN
Sep 25, 2015
Finishing steers can be made a little more economical without sacrificing performance, according to a recent University of Nebraska feeding trial that examined the effects of replacing corn in finishing beef diets with a newly developed, treated corn stover/distillers grain pelleted product.


News
by DTN
Sep 25, 2015
Among the provisions in the Grain Standards Act is language that would ensure grain inspections at export facilities will continue in the event of a disruption, such as the battle over inspections last year during a labor lockout at a grain terminal in the Pacific Northwest.


News
by DTN
Sep 25, 2015
But with unrelated parties, there’s the expectation that each is protecting his or her economic interests by dealing at arm’s length. When you transact with family members, however, the IRS may question the bona fides of the deal.


Daily Market Update
by DTN
Sep 8, 2015
 Cash cattle trade was quiet today with no prices to report. Corn closed up 5 1/2 cents in the September and up 5 1/4 cents in the December. The Dow Jones Industrial Average rose 390 points or 2.4% on the close.
News
by DTN
Sep 4, 2015
Corn is rapidly moving through dent stage (R5). Excess rain early in the summer, shallow roots, shortages of nitrogen and a dry August have contributed to corn moving through grain fill more rapidly than expected. Any stress, including a shortened grain-fill period would reduce kernel weight by hindering dry matter accumulation.


News
by DTN
Sep 4, 2015
I am assuming that all of the gain is attributable to the depreciation (i.e., you are selling the 2012 combine for less than your original cost, and the gain arises entirely from the depreciation deductions that reduced your original cost). If a machinery item is sold for more than its original cost, the excess over the purchase price is capital gain.


News
by DTN
Aug 21, 2015
“We still do not know what the government will do in the future, but I am kind of sure that the government will keep the purchase program for this year with a reduced floor price, and may terminate floor price next year and let the market decide corn price,” said Jianchuan Zhou, Marketing Manager of Tieqili Feed Company in South China.


Markets
by DTN
Aug 14, 2015
Erik Norland, an economist at CME, compared how spot futures contract prices and futures spreads for a variety of commodities behaved in the 12-24 months after National Oceanic and Atmospheric Administration’s Climate Prediction Center Oceanic Niño Index signaled the beginning of an El Niño or La Niña.


Markets
by DTN
Aug 14, 2015
There are some comments about taxes that make me shudder. Here are five that cause me concern: • “I enjoy preparing my own return.” It’s rare, but on occasion I encounter that farm producer who does his own return. Today’s tax system is insanely complex, especially when business activity is in the mix.


News
by DTN
Jul 31, 2015
USDA’s current definition of Adjusted Gross Income (AGI) could deny farm families from receiving government payments if they operate as either an S corporation or Limited Liability Corporation (LLC) taxed as a partnership.


News
by DTN
Jul 24, 2015
This calendar year is predicted to deliver the worst economics in grain farming in 20 years. Low grain prices and high input costs could actually lead to an operating loss, unless yields come in exceptionally high. However, this looming dark cloud may have a silver lining in the form of tax benefits.


Markets
by DTN
Jul 10, 2015
In a statement delivered in the Rose Garden, Obama said, “In January of 1961, the year I was born, when President Eisenhower announced the termination of our relations with Cuba, he said: ‘It is my hope and my conviction that in the not-too-distant...


News
by DTN
Jul 2, 2015
The House Ag Committee Biotechnology, Horticulture, and Research Subcommittee held a hearing recently that was clearly intended to emphasize the role that USDA can play in biotech labeling, a question that now is in the hands of the Food and Drug Administration.


News
by DTN
Jul 2, 2015
Typically, the first cutting of alfalfa is taken somewhere around Memorial Day, plus or minus a week, and the second cutting usually comes approximately five weeks later. The majority of Nebraska alfalfa growers have gotten their first cutting off, although for many of those growers the first cutting was delayed, Anderson said.




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