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Friday, October 17,2014

Post-patent puzzle: What happens when biotech goes generic?

by DTN
Twenty years have passed since Roundup Ready 1 soybeans were first deregulated, and the trait is coming off patent this year into a changed agricultural landscape.

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Friday, October 17,2014

Clarifying the new health premium tax credit

by DTN
Individuals who buy health insurance through an exchange furnish an estimate of their income, and the exchange then subsidizes their monthly insurance premium. The greater the estimated income, the lower the subsidy. After 1040 actual income is computed, the advance subsidy is adjusted up or down as an additional 1040 tax or refund.

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Monday, October 13,2014

AFTERNOON MARKET UPDATE; Oct. 13

by DTN
Cattle buyers limited their efforts Monday to the collection of new showlists. The mid-month offering appears to be generally smaller than last week with only Nebraska showing more ready steers and heifers.

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Friday, October 3,2014

Keep Grandpa out of prison

by DTN
First of all, the young couple will insist on a legal transfer of title. There is a deed to record that is on public record. When the closing does occur, the title company or attorney will file a 1099 tax form to the IRS, which is required on real estate sales transactions.

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Friday, September 19,2014

Farming on the Mother Road

by DTN
Route 66 stretches across the high desert and through to valleys on the other side of the San Bernardino Mountains before blending into the weaving interstates and highways of greater Los Angeles. Any reflection of the old highway heading to Santa Monica Pier gets lost in the intensity of daily Los Angeles interstate traffic.

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Friday, September 19,2014

USDA focusing on railcar shortages

by DTN
Speaking to reporters after a Growth Energy event, Vilsack said the conversation took place in Buffett’s Omaha office and that Buffett had noted that the BNSF railroad, in which he is a major investor, has made commitments to improve service and the railroad’s infrastructure.

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Friday, September 19,2014

Farmer corn bins, elevators full

by DTN
In a letter written by Tim Luken, Manager of Oahe Grain in Onida, SD, and presented at the Surface Transportation Board’s (STB) recent rail hearing, Luken stated, “I have sold very little small grain into the market due to not knowing when I will be receiving cars to ship out in a timely manner.

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Friday, September 19,2014

Tax Q&A: Cutting health benefits?

by DTN
If a small employer has been providing group coverage and the group premiums remain affordable for that employer, there is no reason to change. Further, the employer and employee continue to be free to negotiate any split of the premium costs.

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Friday, September 19,2014

Insure your crop revenue guarantee

by DTN
Most Midwest crop producers fixate on February futures prices. That’s the month when market averages set the bulk of federal crop insurance guarantees for the coming growing season. But Luke Smith, a partner in his family’s Rochester, IN, grain operation and commercial elevator, thinks outside that February timeframe.

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Friday, September 12,2014

Beef Checkoff questioned

by DTN
The checkoff is overseen by the Cattlemen’s Beef Promotion and Research Board (CBB), but it is essentially run by the National Cattlemen’s Beef Association (NC- BA). The Beef Board approved a $40.2 million budget for fiscal year 2015 at its summer meeting, down 2.

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