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Friday, September 10,2010

COMMENTS

Time to become an activist

by Pete Crow - Publisher
It seems like it's time to become a political activist. There are a bunch of issues that Congress and the Obama administration need to take seriously this year before real damage is done. The first issue that comes to mind is the death tax. In just four short months, the tax code reverts back to the old one where tax rates increase to 55 percent for estates valued in excess of $1 million. As many of you know, this tax plan can blow up the family farm or ranch. As a matter of fact, any business that is long on assets and short on cash flow will be damaged as a result of this change in the tax code. I suppose this would be another endorsement of our irresponsible Congress. Just remember, you can fix it November 2.

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Friday, September 10,2010

LEGALLY speaking

by John Alan Cohan - Contributing Columnist
Most of the problems with hobby loss audits involve people who have a history of losses with their ranch, farm or horse venture. The IRS tends to say that the activity is not conducted as a business, so that the tax losses are disallowed. This can be a substantial tax payment for quite a few taxpayers.

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Friday, September 10,2010

BEEF talk

by Kris Ringwall, North Dakota State University
As those who are involved in the process of selling beef know, once a commitment is made, that commitment needs to be honored. With the tight supplies of beef and the need to plan long term, kinks in the supply chain can make for some very long days..

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Friday, September 3,2010

KAYS korner

by Steve Kay - Contributing Columnist
Livestock producers have long had an ambivalent attitude about meat packers. They complain that packers make profits at their expense. Yet when producers own meat companies, the results have often been disastrous. Producers have discovered that operating a successful meat plant or company has unique challenges not understood by outsiders.

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Friday, September 3,2010

BEEF talk

by Kris Ringwall, North Dakota State University
If one stands by the fence and discusses calving, most producers are sympathetic to the late- calving cow. At least she has a live calf, is the general response. That is true, but the challenge is to move beyond acceptance and perhaps refocus and rethink this subtle, but real acceptance of late-calving cows.

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Friday, September 3,2010

OBITUARY

by WLJ
better place. He served as president of the Nevada Farm Bureau for After a life of service to country, many years and always took an in- community and family, Robert Floyd terest in local and global agricultural Thomas died Aug. 4, peacefully, after a long illness in Paradise Valley.

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Friday, August 27,2010

LETTER

by WLJ
Interestingly, the largest volume consumer desired products would appear to be identified by USDA quality grades and programs. These include Prime, Choice and Certified Angus Beef. These high-volume products bring a premium in the marketplace that is available to any producer capable of supplying them.

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Friday, August 27,2010

BEEF talk

by Kris Ringwall, North Dakota State University
The Dickinson Research Extension Center has fed cattle for many years. For at least the last 14 years, the center has fed cattle in a commercial feedlot. Those cattle have performed well, but a struggle always remains between weaned-calf value, backgrounded-calf value and fed-calf value.

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Friday, August 20,2010

Old arguments never die

by Pete Crow - Publisher
The U.S. Justice Department and USDA’s Grain Inspection Packers and Stockyards Administration will hold their next competition workshop this Friday, Aug. 27, in Fort Collins, CO. These workshops were scheduled last year for the government to learn more about livestock

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Friday, August 20,2010

BEEF talk

by Kris Ringwall, North Dakota State University
One of the driving factors in the beef business is cost. As a producer, even a producer with poor records, the cost of doing business keeps going up. Survival means balancing cost and income.

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