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11 Feb 2016
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- In an all-encompassing hearing before the House Agriculture Committee, lawmakers pleaded with U.S. Environmental Protection Agency Administrator Gina McCarthy to withdraw the waters of the United States rule. The rule remains in legal limbo as challenges stopping its implementation play out in federal...
10 Feb 2016
By Katie MicikDTN Markets Editor OMAHA (DTN) -- CME Group will shorten trading hours for livestock contracts effective Monday, Feb. 29. The move follows escalating criticism that extreme volatility has rendered cattle futures effectively broken for cash market hedgers. Cattlemen have pointed to many factors in that volatility, most prominently th...
10 Feb 2016
By Andy BieblDTN Tax Columnist QUESTION: I have a current landlord that inherited acreage in September 2014, but now is considering selling, possibly by public auction. Recent land auctions have sold at more than $10,000/acre. Are capital gain taxes calculated differently with inheritance? I was hoping to approach the landlord with the benefit of a...
9 Feb 2016
By Chris ClaytonDTN Ag Policy Editor OMAHA (DTN) -- Law firms and grain marketers are pushing for possible legal action against the U.S. Department of Agriculture over the way USDA came up with the final county yield totals for the Agriculture Risk Coverage program. Complaints have festered since last fall when the Farm Service Agency released th...
9 Feb 2016
By Russ QuinnDTN Staff Reporter OMAHA (DTN) -- Fertilizer prices continue to slowly decline in price, according to retailers tracked by DTN for the first week of February 2016. All eight major fertilizer prices slipped lower compared to a month earlier, with only one down any significant amount. Anhydrous was down 5% compared to last month and the...