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Taxlink

8 Feb 2021
Probably the No. 1 question I got in 2020 was, "What is the Biden Tax Plan [BTP], and how will it impact farms?" (At the time of writing this article, Joe Biden was still president-elect. It also should be noted that no tax-overhaul plan has been introduced in Congress since Biden became president.) Because we don't have anything concrete, I will ...

USDA Reports Preview

8 Feb 2021
In the Tuesday, Feb. 9, World Agricultural Supply and Demand Estimates (WASDE) report, commodity traders will mainly be watching for USDA's new estimates of U.S. corn and soybean ending stocks, but South American crop estimates will also be of interest. Below is a more in-depth look at what we're expecting on Tuesday. CORN Just two weeks ago, USDA ...

Dicamba Faces Legal Battlefield

8 Feb 2021
ROCKVILLE, Md. (DTN) -- EPA is facing a tangle of lawsuits over its 2020 registration of three over-the-top dicamba herbicides, XtendiMax, Engenia and Tavium. Given the many legal steps ahead for them, these lawsuits are unlikely to immediately affect the legal availability of dicamba in 2021, but they could threaten the chemical's use in spray sea...

DTN Retail Fertilizer Trends

3 Feb 2021
OMAHA (DTN) -- Average retail prices for all eight major fertilizers were higher the fourth week of January 2021, with prices for five fertilizers up a significant amount, which DTN designates as 5% or more, according to retailers surveyed by DTN. Urea led the way to the upside and was 10% higher compared to last month with an average price of $405...

Vilsack Nomination Moves to Full Senate

3 Feb 2021
OMAHA (DTN) -- Tom Vilsack's nomination to U.S. agriculture secretary advanced unanimously out of the U.S. Senate Committee on Agriculture, Nutrition and Forestry on Tuesday and will now head to the full Senate for approval. Vilsack, who served for eight years in the Obama administration, would be returning to USDA at a time when agriculture is in ...
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