With 2023 soon coming to a close, many farmers are putting together year-end tax and accounting information.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Suzanne Alexander on what producers need to keep in mind, tax codes, and what farmers should take away from all this.
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With the Aug. 31 deadline approaching, Farm CPA Paul Neiffer encouraged farmers not to wait until the final days to address any questions or discrepancies with their records.
U.S. cattle on feed totaled 11.1 million head on August 1, up 2 percent from 2025, while July placements fell 11 percent to a record low.
Farmers should monitor the Union Pacific-Norfolk Southern merger and conditions along the Mississippi River and Panama Canal as they plan for harvest.
Mexico is taking steps to limit Chinese transshipments through the country.
Persistent losses and tight cattle supplies are forcing beef packers to reduce processing capacity.
President Donald Trump said the imported beef will be sold at 25 percent below current market prices.