Farm Business - General
The Chicago Federal Reserve notes land value increases finally dropped into single digits in the second quarter.
USDA announced a $80-million grant to Virginia Tech to promote climate-smart agricultural practices. Also, the $100 is the three-year total, so the annual payment is less than $35 per acre.
Agricultural Risk Coverage (ARC) uses Olympic Average MYA prices to determine the amount of guarantee. The 2024 numbers may be almost exactly the same as 2014 numbers.
USDA announced more money to be paid to farmers who had qualifying disasters in 2020 and 2021. These payments will only be paid to farmers who collected payments under Phase 1 not Phase 2.
Farmers are concerned the aid packaged announced last week by the Trump Administration will not help them financially.
The secret potential of successful hemp growth starts with the seed and ends with solid farming skills.
On this morning’s AgriTalk, guest host Clinton Griffiths interviewed Auburn University professor Robert Norton about the cyber security risks for agricultural businesses.
USDA assumes that $1.504 billion of ERP Phase 2 claims will be filed by July 14, but we believe the final number will be much lower. Here’s a rundown from Paul Neiffer.
The Kansas City Fed released a report showing how the Farm Credit System has increased their market share of ag loans.
If you purchase or inherit a new farm, you might be able to deduct the excess soil fertility. However, there is very little guidance on this deduction from the IRS.
The Inflation Reduction Act (IRA) created new Section 45Z “Clean Fuel Production Credit” starting in 2025. Will this credit lead to extra payments to farmers?
I was on the AgriTalk program yesterday with Chip Flory discussing the Farm Program Integrity Act of 2023. In this post we provide a link to that discussion.
If the act passes, the major item that applies to farmers is that 100% bonus depreciation is allowed on 2023 returns. Therefore, farmers might want to wait to file their return until sometime in February.
The Congressional Budget Office estimates corn will hit the $4.26 Effective Reference Price for 2025 to 2027 crops.
With sidedress season approaching, the team at Koch Agronomic Services is encouraging ag retailers to highlight the opportunities for farmers to protect their investment in nitrogen.