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Friday, April 18,2014

Livestock antibiotic use expected to be limited

by DTN
On Dec. 11, 2013, FDA announced implementation of the plan and asked the animal pharmaceutical industry to withdraw such drugs from production, as stated in its Guidance for Industry No. 213. In addition, FDA is requiring oversight by a veterinarian for use of antibiotics.

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Friday, April 18,2014

Guest Opinion

Reminiscing on farm equipment history

by DTN
I would imagine back in the late 1970s through the 1990s when many JD dealerships still tended to be family-owned, the range of John Deere Day events varied greatly. I can remember gatherings at the dealership both in the evening complete with a dinner and dance in the shop and also in the afternoon with a lunch and no dance.

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Friday, April 18,2014

U.S.-made farm equipment exports fall 6 percent

by DTN
On the positive side, exports to Asia increased 5 percent for a total of $1.2 billion while exports to Canada increased 6 percent for total of $4.3 billion. The increase in Asia was aided by China having government polices still supportive of agriculture focusing on productivity and increasing farm income, he said.

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Friday, March 28,2014

Tax Q&A: how to defeat new 3.8 percent investment tax

by DTN
For higher-income individuals, a 1031 exchange may be particularly beneficial, as they will be able to duck the 5 percent increase in the capital gain rate, and will also avoid the new 3.8 percent net investment income tax.

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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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