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Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer free ag-tax training to tax-prep professionals across the country and bring those numbers back up. Kristine Tidgren, director of Iowa State’s Center for Agricultural Law and Taxation (CALT), said they are spending the next year...

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Mandatory base acre update creates “winners and losers”

For more than 20 years and the last four farm bills, farm program payments were based on a farm’s historical planted acreage, or base acres, and not on actual plantings each year. Several agricultural groups and stakeholders are pushing for an update to base acres in...

Pork consumption slowing globally

Pork consumption slowing globally

Consumption of our commodities is what sets the tone for our supply and demand ratios that set our prices. Pork is not exempt from this phenomenon. We spent much of the year with low prices which meant that suppliers were holding on to large amounts of product which...

Tips for controlling tar spot and maximizing yield

Tar spot was first identified in the United States nearly 10 years ago. Unfortunately, growers in the corn belt are much more familiar with this yield robber in 2023 after several growing seasons of dealing with yield loss from tar spot pressure.Unfortunately, the...

House farm bill will address California’s Prop 12

House farm bill will address California’s Prop 12

The House Ag Committee Chair says he plans to use the upcoming farm bill to deal with California’s Prop 12 that was upheld by the Supreme Court. Roll Call says pork producers across the country have said this will lead to patchwork laws between states that will...

U.S. Export Sales Report (8-3-23)

This week’s export sales were neutral, but that’s definitely not from a lack of sales action, especially in new crop soybeans. Allendale commodity broker Greg McBride provided a breakdown of this week’s report.Flash sales have also been popping up here and there,...

Reigning Iowa State Fair Queen preparing to hand off her crown

Reigning Iowa State Fair Queen preparing to hand off her crown

Mary Ann Fox, the 2022 Iowa State Fair Queen, has been representing the Iowa agriculture industry well over the past year. Now, she’s preparing to hand off her royal duties to a new Iowa State Fair Queen in a little over a week. Fox reminisced on her favorite part of...

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Crop insurance costs to jump 29 percent

Crop insurance costs to jump 29 percent

The federally-subsidized crop insurance program will cost an additional $27.7 billion over the next decade. A Congressional Budget Office report says the government pays roughly 62 cents of each dollar in premiums, and sales of livestock and forage policies are...

U.S. Export Sales Report (2-15-24)

U.S. Export Sales Report (2-15-24)

Export sales are continuing their recent trends. Corn sales are looking good, while the same certainly cannot be said for the soybeans. Allendale commodity broker Greg McBride gave an update on the latest export sales report. U.S. soybean prices are still far from...