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Friday, January 31,2014

Making the most of milo

by DTN
One of the primary factors working in sorghum’s favor among farmers—lower corn prices—has actually threatened its appeal as an ethanol source. Ethanol plants that had shifted toward sorghum veered back to corn as prices fell, said Greg Krissek, a manager with Kennedy & Coe, a national accounting and consulting firm.

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Friday, January 24,2014

Farm Bureau wary of Big Data

by DTN
Members believe companies have an obligation to fully disclose how they use data, compensate farmers when information is shared with third parties and prevent such information from being subject to federal Freedom of Information Act requests. Also, farmers should have the.

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Saturday, January 4,2014

Tax Q&A for 2014; healthcare, real estate, drought

by DTN
In the past, the farm has paid for all health insurance, but my husband has turned 65 and is on Medicare. Can the farm partnership continue to pay all health insurance premiums? Or should we offer a Section 105 reimbursement plan so that we can pay insurance and out-ofpocket expenses pre-tax?.

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Saturday, January 4,2014

History of the corn collapse

by DTN
“The biggest story of 2013 is the end of the demand market for corn,” said DTN Senior Analyst Darin Newsom. “From record crops despite unfavorable weather to attacks on demand on all three fronts, the end of King Corn’s reign will have long-lasting ripple effects across agriculture.

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Friday, December 27,2013

How the analyst stole Christmas

by DTN
Remember how the Grinch hated Christmas because, depending on various theories, his shoes were too tight, his heart was two sizes too small, or his head wasn’t screwed on just right? Whatever the reason, the Grinch went on to steal the Whos’ Christmas until, as the story goes, his heart grew and he returned the bounty.

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Friday, December 13,2013

Avoid farming's tax time bomb

by DTN
Traditional year-end tax planning is all about deferrals—commodity revenue pushed to the next year and expenses accelerated into the current year. And the tendency is to set reportable taxable income below actual earnings. The result is a continuously increasing income deferral that becomes a tax disaster at retirement when it’s recognized.

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Friday, December 13,2013

China corn rejections unlikely to halt trade

by DTN
China’s grain buyers are likely to import more corn this year because of the dramatic difference between global corn prices and China’s domestic prices. “As of Dec. 5, the imported corn price is around $304 per ton compared to $406 per ton of domestic corn in south China’s Guangdong Province,” Wu said.

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Friday, November 22,2013

Modified distillers grains lowers forage intake on native rangeland

by DTN
“Even if you add energy, you don’t get as much of a response. The animal will still only be able to grow the amount that the protein will allow,” he said. “You can add minerals, vitamins, or other required nutrients, but protein is first limiting, it’s what’s holding them back the most.

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Friday, November 22,2013

I-9 audits on the rise

by DTN
The Department of Homeland Security’s Immigration and Customs Enforcement’s (ICE) most recent wave of I-9 audits is a grim reminder of the frustrating status quo that lies ahead for the agricultural industry now that immigration reform is off the table this year, farm labor industry representatives told DTN.

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Friday, November 15,2013

Few weeks left for farm bill

by DTN
Both the House and the Senate will be in session during that time. The House was out the week of Nov 4, but both chambers are scheduled to leave again on Nov. 22 for a Thanksgiving break and congressional aides have said they are likely to be out of session for two weeks.

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