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Friday, September 12,2014

Food vs. fuel study takes ethanol opponents to task

by DTN
Livestock, poultry and food companies have called for eliminating the Renewable Fuel Standard for nearly a decade based on the notion that ethanol-induced higher corn prices were the cause of rising food prices.

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Friday, September 12,2014

Record soybeans in China

by DTN
stocks being sent to China, DTN Senior Analyst Darin Newsom said ending stocks shouldn’t be as large as the 140 mb USDA projected in August. That fact is playing out in the futures spreads and U.S. basis market. The national average basis is $1.55 over the November contract, but “U.

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Friday, September 5,2014

Ammoniation and WDG

by DTN
A recent Kansas State University feeding trial showed that lower application rates in ammoniation can be effective when feeding low quality forage with wet distillers grains (WDG), according to Justin Waggoner, Beef Systems Specialist for Kansas State University Research and Extension.

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Friday, September 5,2014

The accrual method threat

by DTN
The comprehensive tax reforms under discussion in Washington include a subject of great importance to farmers—the cash method of accounting. The cash method is used by many taxpayers in addition to farmers, specifically service businesses and professional practices.

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Friday, August 22,2014

Guest Opinion

The expanding universe of livestock

by DTN
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.

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Friday, August 22,2014

IRS scrutinizes hedgers

by DTN
The tax law defines a hedge as a transaction in the normal course of business to minimize the risk of price change with respect to inventory or supplies. This requires a producer to have a hedging position that’s opposite the physical position on the farm and within normal production ranges.

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Friday, August 22,2014

Prevented planting acres decline

by DTN
“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.

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Friday, August 22,2014

BBQ beef starts to sizzle in Japan

by DTN
Japan banned beef from the U.S. and Canada in 2003 because of BSE. The beef came back in 2006, albeit limited to meat taken from cattle aged up to 20 months as an anti-BSE measure. Certain “specified risk materials” (SRMs) with high risk of carrying BSE were also forbidden.

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Friday, August 15,2014

Amid diverse opinions, Beef Checkoff rift continues

by DTN
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.

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Friday, August 8,2014

Can I gift livestock to a charity?

by DTN
The manner in which you described the action of your friends would not pass muster with the IRS as a charitable gift of unsold property.

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