PARKER, Colo. (RFD-TV) — As the government shutdown continues, a long-anticipated aid package for farmers is now on hold — delaying relief for producers already facing tight margins. The shutdown has also paused USDA reporting, fueling speculation about what this means for the future of the Farm Bill.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to share his perspective on the uncertain outlook for federal relief, noting that many in the industry expect progress to stall until the shutdown ends.
In his interview with RFD-TV News, Neiffer also weighed in on the status of renewable energy credits, many of which have expired or are set to expire soon. However, he explained that the solar tax credit still offers valuable opportunities for farmers over the next few years.
He also outlined the value of the credit and clarified how it can work alongside a REAP grant, helping producers offset installation costs and invest in long-term energy savings.
Neiffer emphasized that while the current environment poses financial challenges, thoughtful business planning and awareness of available programs can help farmers stay resilient until federal support resumes.
With 2023 projected to be a difficult year for agricultural producers, Chapter 12 filings may increase. One of the requirements to get a Chapter 12 reorganization plan approved is that be filed in “good faith.” In this blog post, RFD-TV Legal Contributor Roger A. McEowen explains exactly what farmers need to know about the process.
October 04, 2023 02:57 PM
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The failure of a grain elevator can cause large problems for farmers and for the local community it serves. A farmer who knows their rights and where they stand if an elevator fails can be in a better position than those farmers who aren’t as well informed. That is the topic of today’s blog post by RFD-TV Legal Contributor Roger A. McEowen.
October 04, 2023 02:46 PM
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Financial matters in farming can be frustratingly complicated, especially when it comes to the process of filing for bankruptcy. That is the topic tackled in today’s blog post by Farm-Legal Expert Roger A. McEowen—the definition of “insolvency” for purposes of the exclusion from income of CODI.
October 04, 2023 02:14 PM
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October 04, 2023 02:10 PM
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The “farm products rule,” and the 1985 Farm Bill modification and its application – that is the topic of today’s blog post from Agri-Legal Expert Roger McEowen.
October 03, 2023 02:43 PM
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Now that Washington lawmakers have passed a 45-day stopgap, they have some breathing room to work through some hot-button topics like the high cost of the upcoming Farm Bill, which is due in large part to the funding necessary to support the Nutrition Title.
October 03, 2023 11:08 AM
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Recently, a bank in Texas got confused on the financing rules governing agricultural crops and lost its security interest as a result. Ag financing and priority rules among competing security interests—that is the topic of today’s post.
October 02, 2023 02:42 PM
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The classification of persons conducting farming operations for a farm landowner—that is the topic of today’s blog post by RFD-TV farm-legal expert Roger A. McEowen.
October 02, 2023 02:27 PM
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Farm-legal expert Roger A. McEowen discusses avoiding contractual obligations in times of pandemic.
October 02, 2023 02:11 PM
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