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30 Nov 2016
By Andy BieblDTN Tax Columnist As tax preparation season begins, here are a few thoughts that may be of benefit at year-end: ASSET EXPENSING Most ag producers are well aware of the $500,000 Section 179 first-year deduction that's available for 2016, as well as the 50% bonus depreciation available on new (not used) assets. Their tax records will ne...
29 Nov 2016
By Jim PatricoProgressive Farmer Senior Editor Fidel Castro's death Nov. 25 set off a round of speculation about Cuba's future, which could have implications for American farmers eager to trade with the island country. Fidel's brother Raul has been running the family business for the last eight years while Fidel's health faded. During that time, Cu...
29 Nov 2016
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- The Renewable Fuel Standard is unlikely to meet its goal of reducing greenhouse gas emissions, a new Government Accountability Office report concludes, pointing to a number of issues with the law and possible solutions for making it work better. The GAO completed an audit of the program at the reques...
29 Nov 2016
By Todd HultmanDTN Analyst After four consecutive years of good crop weather, the world now has excess grain supplies and low prices, which is good news for the consumers of grain, but financially painful for producers who would like to be paid for their efforts. As crazy as it seems that the market punishes producers for providing an abundance of...
28 Nov 2016
By Mary KennedyDTN Cash Grains Analyst Some parts of the Eastern Corn Belt (ECB) turned to the Northwest "Corn Belt" recently to purchase corn that was not infected with vomitoxin. They needed the corn to blend with its own corn to make it safe for feed use and also to comply with contract specifications for corn they shipped out. Exporting corn ou...