CARTHAGE, MO. (RFD NEWS) — Fluctuating weather conditions remain a major focus as spring planting ramps up across the country, with strong storms in parts of the Midwest forcing farmers to carefully navigate operational decisions this week.
Austin Rice with Specialty Risk Insurance joined us on Tuesday’s Market Day Report to offer guidance for producers facing severe weather impacts.
In his interview with RFD News, Rice discussed steps farmers should consider taking if their operations are hit by a strong storm and what the claims process looks like after contacting an insurance agent.
He also shared final advice for producers managing both weather risks and today’s challenging market conditions.
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In his latest Firm to Farm blog post, Ag Legal & Taxation Expert Roger McEowen examines contracts, insurance, and property rights and how those legal processes can impact your farm or ranch operation.
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Digital contracts are becoming more common for farmers and ranchers, which means some unique legal issues might arise. RFD-TV’s farm legal expert Roger McEowen briefly examines those.
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The IRS recently issued its 2024 guidance on the extended replacement period for drought (and other weather-related) livestock sales. RFD-TV Ag Legal & Tax expert Roger McEowen discusses the IRS’ extension of the replacement period for livestock sold due to weather-related conditions.
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