There is a new tax code allowing farmers to defer paying income taxes related to the sale of farmland.
Farm CPA Paul Neiffer spoke with RFD-TV’s Tammi Arender about some of the details, how this will benefit producers, and missing payments.
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“Irresponsible Lending Has No Place in Government Programs,” the U.S. Department of Agriculture said in a press release.
U.S. Wheat Associates is expanding into global fish feed markets, with early gains in South America and new opportunities emerging in Ecuador’s shrimp industry.
Dr. Robert Ellis joins us to discuss economic challenges in agriculture, available resources for farmers, and ways producers can evaluate practices to strengthen their operations.
Advocacy groups say farmers, ranchers and business owners may need to file claims before a July deadline.
USDA says planting progress remains strong nationwide, though some soybean fields are still slow to emerge.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.