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Tax Bill Overwhelmingly Clears House

1 Feb 2024
OMAHA (DTN) -- Farmers might actually get a chance to deduct larger equipment purchases and buildings after the House of Representatives overwhelmingly passed a $78 billion tax package Wednesday night. The House voted 357-70 to pass a tax package that includes a mix of business tax credits along with an expansion of the child tax credit. Under the ...

USDA Jan. 1 Cattle Inventory Report

31 Jan 2024
By DTN Staff This article was originally posted at 2:27 p.m. CST on Wednesday, Jan. 31. It was last updated with new information at 2:53 p.m. CST on Wednesday, Jan. 31. ** OMAHA (DTN) -- All cattle and calves in the United States as of Jan. 1, 2024, totaled 87.2 million head, 2% below the 88.1 million head on Jan. 1, 2023, USDA NASS reported on Wed...

California Climate Laws Challenged

31 Jan 2024
LINCOLN, Neb. (DTN) -- Agriculture and business groups in a lawsuit filed Tuesday say two California state laws mandating climate disclosures violate the Constitutional right to free speech and will lead to increased costs to businesses including farmers and ranchers. California Democratic Gov. Gavin Newsom on Oct. 7, 2023, signed into law state se...

Congress and the Snake River Dams

31 Jan 2024
OMAHA (DTN) -- Republicans in Congress on Tuesday denounced what they called a secret agreement with the Biden administration and four Northwest Pacific tribes meant to eventually breach four dams on the lower Snake River that are considered critical to hydropower generation and U.S. wheat exports. Aided by the dams, grain terminals on the Snake Ri...

DTN Retail Fertilizer Trends

30 Jan 2024
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the fourth week of January 2024 were mostly lower. For the fifth straight week, six of the eight major fertilizers were lower in price compared to last month; the remaining two fertilizers were slightly higher. DTN designates a significant move as anything 5% or more. One difference this we...
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