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7 May 2020
SAC CITY, Iowa (DTN) -- Three tractors and planters seeded more than 500 acres of soybeans at a northwest Iowa farm last week with no one at the wheel.Sabanto, a Chicago-based robotic farming company, helped Bellcock Farms plant using remote-controlled utility tractors, each pulling five-row planters. Several other farmers in Iowa and Illinois have...
7 May 2020
OMAHA (DTN) -- Retail fertilizer prices remain flat compared to last month, with the average price of all eight major fertilizers moving by $3/ton or less, according to prices tracked by DTN for the third week of April 2020.Six fertilizers were higher in price compared to last month, but none of them were up a significant amount, which DTN consider...
6 May 2020
GLENWOOD, Iowa (DTN) -- There are fat-cattle feeders in the countryside who haven't gotten a bid on their cattle in more than a month while boxed beef prices have soared into the stratosphere.Meanwhile, major grocers such Kroger, Costco, Walmart and Hy-Vee are now increasingly limiting meat sales. Even fast-food restaurant Wendy's -- once known for...
6 May 2020
It is fairly common for farmers to separate the farming operation from the land. This is referred to as self-rental.Two court cases, McNamara and Martin, have said that an agricultural taxpayer who rents land to an entity in which they martially participate in should be able to exclude self-rental income from self-employment tax. There are a few ca...
5 May 2020
Needless to say, the last six to seven weeks have been difficult. The COVID-19 pandemic has completed changed how most people live their lives.Most businesses are closed, people and kids are working/learning from home and even churches are not having services. I have missed more church the last six weeks than I probably did the whole rest of my lif...