A wealth of confirmed and suspected insect resistance to a number of Bt crops took many off guard in the 2016 growing season and is pushing growers to evaluate the way they use traits and inputs to ward off pests. However, scientists say the problem had been mounting for years.
Have you ever thought about drug testing employees on your farm? It may have been a passing thought as you feel there is no reason to distrust your team. It might seem like an administrative headache for a task that produces no value.
Farm parents and their successors may need to reevaluate their previous expectations as cash flows shrink in this farm recession and proposed treasury regulations limit the use of family stock discounts, cautioned Rod Mauszycki, a Minneapolis-based tax principal for CliftonLarsonAllen.
“Corn moisture, with the help of recent sunshine, is moving closer to 18 percent. We have locations that are tight on corn space. Belmond just finished filling their 1.5-million-bushel bunker and is now piling corn in other areas. Other locations are either loading a train or shuffling bushels among locations to make more room.
Generally, if a 1040 has a business loss that drives the return into negative territory, the net operating loss can be carried back two years (i.e., a 2016 tax loss carries first to 2014, then forward to 2015, and if large enough, onward to 2017, etc.). But if the loss arises from a farming business, a special five-year carryback applies.
Although she has served as a passionate surrogate for Clinton throughout the fall, she aggressively moved to circle her own wagons in such a way last month to suggest real doubt about exactly who will prevail on Nov. 8. Specifically, the First Lady fortified her cherished White House vegetable garden with concrete, stone and steel.
Bryant’s problem is the crop insurance floor keeps falling with commodity prices, exposing his farm to ever bigger losses. Ohio winter wheat producers, who face a 2017 crop insurance sale closing date of Sept. 30, will be guaranteed only $4.74 per bushel next year, down 45 percent from the same coverage four years ago.
In early August, the IRS released draft regulations that, when effective, will impose major restrictions on valuation discounts of family-controlled entities. This represents a major change in the tax system, and the clock is ticking before the new rules become final.
When the country-fried Machiavellian named James Carville was advising future President Bill Clinton to stay on message and cut to the core worry of voters in 1992, he developed a mantra for the campaign to chant its way to victory: “It’s the economy, stupid.
This continues the discussion that ran in the Aug. 15 issue on tax alternatives to assist with higher education costs. Section 529 college savings plans, already a popular tool for parents and grandparents to invest funds for a youngster’s higher education costs, were recently enhanced by Congress.
As Congress came back to Washington last Tuesday for the last legislative session before the November election, members will be under pressure to fund the government before the fiscal year ends on Sept. 30. However, the Zika virus may complicate the agriculture section of any appropriations bill.
A year ago, university economists warned that typical Illinois corn farmers would need to shave $100 an acre off average cash rent and production costs if they hoped to break even in 2016. Renters hesitated, landlords balked, most input suppliers held firm.
Depending upon shifting political agendas, many professional and amateur economists (past, present and future) insist that demand is much more complicated, significantly shaped, stretched, and shrunk by realities ranging from country of origin to...
Average June prices for hanwoo beef stood at 19,142 won ($16.89) per kilogram ($37.24/lb.), an increase of 20.8 percent from the previous year. Hanwoo is a local breed that shares traits with both European and African cattle breeds and its heavily marbled meat is prized by Koreans as of greater value than imported beef.
The 64-person committee announced by the campaign last Tuesday has five current members of Congress, including the chairmen of both the House and Senate Agriculture Committees; as well as eight current or former governors; nine current or former