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Friday, March 21,2014

Kansas tackles 50-year water plan; prevention cited

by DTN
Here, a dozen environmentalists and farmers peered through a dimly lit room at PowerPoint slides that highlighted the grim state of water in the Sunflower State. When the lights came up, so did the hands, as the attendees peppered Kansas state officials with questions and concerns.

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Friday, March 14,2014

Tax Q&A: Health insurance, depreciating vehicles

by DTN
At present, an old limit of $25,000 is technically the tax law. However, we expect Congress to treat the Section 179 limit as one of its many “extender” provisions that will be updated for 2014 in upcoming legislation.

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Friday, February 21,2014

Tax topics: straight talk on the employer-provided healthcare

by DTN
In the past, many employers paid some or all of an employee’s individual health insurance premiums. This was a tax deduction to the employer and tax-free to the employee. But those arrangements now violate the “market reforms” of the ACA and result in the large employer penalty.

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Friday, February 21,2014

No substitute for low cost farm management

by DTN
The five-year stretch from 2008-2012 represented the most profitable crops in 40 years of U.S. corn production. Sadly, most of the spoils accrued to just the top half of producers, a recent study by the consulting firm of AgriSolutions Inc. found. Ag’s golden era largely bypassed the bottom half of corn growers in their analysis.

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Friday, February 21,2014

Return to 2009-2010 corn prices, more flexibility predicted

by DTN
“We had assumed that under the continuation of the old law that more land would be planted to corn because of the ACRE program,” Glauber said. “Now with the new programs based on base acres, we think there will be more flexibility. They will look at the soybean-to-corn price ratio and will plant a little less corn than normal.

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Friday, February 21,2014

No crash landing

by DTN
AgriBank, the Farm Credit System district bank that sources funds for Farm Credit Associations covering half of the nation’s cropland, still sees wide disparities in farmland appreciation, depending on the 15 states within its territory.

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Friday, February 21,2014

The sacred cow of cash accounting targeted

by DTN
Cash accounting—a time-honored method small businesses use to ease their taxes on income they have yet to receive— could be severely restricted, along with depreciation schedules on farm equipment and buildings and the use of 1031 tax-deferred exchanges on real estate.

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Friday, February 14,2014

China's stance on biotech complicated

by DTN
China’s government has officially decided “to use new technology and look to global markets” but “there is still an intense and increasingly public debate in China when genetic modification and trade intersect,” said Scott Sindelar, the Minister Counselor for Agricultural Affairs at the U.

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Friday, February 7,2014

Corn markets: While we were watching

by DTN
Do you remember when you were in grade school and the science project was to watch and record the process of metamorphosis from caterpillar to butterfly? One day, the funny looking bug was hanging from a twig, the next it was encased in a cocoon, and then suddenly a butterfly was fluttering around the plastic box.

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Friday, February 7,2014

Wooing millennials

by DTN
Research shows they love food—or rather, they love to read about it, watch it being made, and take pictures of it. Every day, the millennial generation visits the top five cooking websites 4.5 million times and makes food-related web searches 5.5 million times.

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